Intel Corporation (INTC) Shortlists Buyout Firms for Altera Unit, Valued Up to $12 Billion - InvestingChannel

Intel Corporation (INTC) Shortlists Buyout Firms for Altera Unit, Valued Up to $12 Billion

We recently published a list of 10 AI News That Broke the Internet. In this article, we are going to take a look at where Intel Corporation (NASDAQ:INTC) stands against other AI news that broke the Internet.

Key AI Trends Shaping Business in 2025

As AI continues to evolve, its influence on business will be undeniable, reshaping industries with smarter, more efficient solutions. Companies that embrace these trends will be better equipped to innovate, compete, and thrive in an increasingly AI-driven world. According to Oliver Parker Vice President, Global Generative AI Go-To-Market, Google Cloud, artificial intelligence is set to significantly impact businesses in 2025, driving innovation and transforming operations.

Key trends include multimodal AI, which combines text, audio, and visual data for more accurate and contextual analysis; AI agents that simplify complex workflows and support employees; improved enterprise search capabilities allowing users to access data through various media; improved customer experiences with personalized and predictive AI solutions; and stronger security systems powered by AI to detect threats and strengthen defenses. However, this progress also introduces challenges, especially in the realm of AI-driven security threats.

READ ALSO: 10 Companies Hoarding Bitcoin Like There’s No Tomorrow and 9 Trending AI Stocks on Latest News and Ratings.

AI Innovation Moves Towards Efficiency and Applications

The AI landscape is undergoing a significant shift, with a growing focus on algorithmic innovations and software applications rather than just scaling hardware. As generative AI models mature, startups and smaller companies are emerging as key players, driving efficiency and new use cases in the field.

In the discussion on CNBC, Chetan Puttagunta from Benchmark and Deirdre Bosa of CNBC focused on the evolving AI landscape. Chetan highlighted that AI innovation is shifting from large-scale hardware investments to algorithmic advancements, especially at the model layer, with entrepreneurs pushing the frontier in inference and AI applications. He mentioned that recent investment trends are moving toward smaller startups focused on algorithmic breakthroughs, as opposed to just scaling hardware.

Deirdre added that AI’s generative phase is transitioning from pre-training large models to leveraging existing models for real-world applications. This phase is characterized by a focus on software, with smaller companies gaining traction, especially with the rise of open-source models like Llama, allowing new startups to challenge established players. Chetan gives examples like Sierra, which is revolutionizing customer service by automating tasks and improving customer experiences. Both see a significant opportunity for new AI-first startups to disrupt traditional software companies.

For this article, we selected AI stocks by going through news articles, stock analysis, and press releases. We listed the stocks in ascending order of their hedge fund sentiment taken from Insider Monkey’s database of 900 hedge funds.

Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 275% since May 2014, beating its benchmark by 150 percentage points (see more details here).

Intel Corporation (INTC) Shortlists Buyout Firms for Altera Unit, Valued Up to $12 Billion A technician soldering components for a semiconductor board.

Intel Corporation (NASDAQ:INTC)

Number of Hedge Fund Holders: 68

Intel Corporation’s (NASDAQ:INTC) AI-driven technologies enhance performance, automation, and data integrity for global digital transformation.

According to Bloomberg, Intel (NASDAQ:INTC) has shortlisted several buyout firms for the next round of bidding for its Altera unit, with private equity firms such as Francisco Partners, Silver Lake Management, and Lattice Semiconductor competing alongside Apollo Global Management and Bain Capital. Intel is seeking offers by the end of January, with potential deals ranging from partial to full control of Altera, valued between $9 billion and $12 billion. Despite Lattice’s smaller market value, it could partner with a financial firm to increase its chances. This move is part of Intel’s ongoing efforts to advance plans initiated by former CEO Pat Gelsinger, even amid criticism of the company’s progress on other projects.

Intel Corporation (NASDAQ:INTC) launched Altera as a standalone Field-Programmable Gate Array (FPGA) company in February this year. The company aims to lead a $55 billion market opportunity with a focus on AI-integrated FPGAs. The company is leveraging AI technologies, including FPGA AI Suite and OpenVINO, to provide optimized solutions for AI inferencing.

Overall, INTC ranks 6th on our list of AI news that broke the Internet. While we acknowledge the potential of INTC as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than INTC  but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock

Disclosure: None. This article is originally published at Insider Monkey.

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