Goldman Sachs’ 35 AI Superstars

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19. Intel Corporation (NASDAQ:INTC)

Number of Hedge Fund Holders: 68     

Intel Corporation (NASDAQ:INTC) markets key technologies for smart devices. There are several reasons why this company is a worthwhile investment. A key factor is the company’s strong financial growth, as illustrated in the fiscal year quarterly reports of 2024. For instance, reported revenue was $13.3 billion in the third quarter. In the second quarter, revenue was $12.8 billion, reflecting a 1% decrease year-over-year, indicating a slight slowdown compared to the same period last year. However, the first-quarter revenue of $12.7 billion marked a 9% increase YoY, demonstrating solid growth at the start of the year. Moreover, the company extended its computing leadership in the AI PC, edge and auto spaces with the launches of Intel Core Ultra 200V series mobile processors with Intel vPro, a new line of Intel Core Ultra processors for enthusiasts and edge computing, and a new Adaptive Control Unit designed for electric vehicle (EV) power trains and zonal controller applications at Consumer Electronic Show 2025.

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