6. Intel Corporation (NASDAQ:INTC)
Number of Hedge Fund Holders: 112
Intel Corporation (NASDAQ:INTC) is one of the best AI memory stocks to buy in 2026. Reuters reported on June 16 that Intel Corporation (NASDAQ:INTC) has announced the entry of the new generation of its 18A manufacturing process into risk production, as the company sees strong demand for its central processors. It further stated that by moving 18A-P into initial production, Intel Corporation (NASDAQ:INTC) aims to demonstrate that it is following through on its manufacturing commitments, which could potentially make the technology more appealing to external customers. Reuters added that finance chief David Zinsner said in March that the company’s CEO, Lip-Bu Tan, has started recognizing 18A as a potential offering for external clients, changing the earlier perspective that the process would generate returns only through the company’s own products.
In another development, Intel Corporation (NASDAQ:INTC) unveiled new innovations at Computex 2026 on June 2, addressing the chip-to-systems-level AI needs of customers with solutions tailored to their specific industry challenges. These included new rackscale AI infrastructure, Agentic Cloud Offering for Disaggregated Inference, deep industry solutions, Intel Xeon 6+ processors, and PC, gaming handheld, and physical AI momentum.
Intel Corporation (NASDAQ:INTC) is involved in the design, sale, and manufacture of computer products and technologies. It delivers data storage, computer, networking, and communications platforms. The company’s operations are divided into the following segments: Client Computing Group (CCG), Data Center and AI (DCAI), Intel Foundry Services (IFS), and All Other.
While we acknowledge the potential of INTC to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than INTC and that has 100x upside potential, check out our report about the cheapest AI stock.
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