20 Takeover Rumors Hedge Funds Are Buying

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1. Intel Corporation (NASDAQ:INTC)

No. of Hedge Funds: 83

Intel Corporation (NASDAQ:INTC), based in California, is a multinational technology company focusing on semiconductor design and manufacturing. The company is popularly known for its x86 microprocessors used in PCs and servers. However, it also offers advanced solutions in AI, edge computing, and foundry services. Though the market is filled with tough competitors like AMD, NVIDIA, and TSMC, the company captures more market share with the help of its integrated device manufacturing model. The company has made strategic investments in US chip fabrication and AI acceleration, which are expected to support its ambition to reassert leadership across global semiconductor supply chains.

Rumors persist regarding the takeover of Intel Corporation (NASDAQ:INTC). The rumors also included TSMC and Broadcom reportedly considering acquiring parts of the company. TSMC could potentially acquire the company’s manufacturing facilities, and Broadcom is showing interest in purchasing the company’s chip design business. While these two companies are regarded as potentially strong buyers, speculations have also covered Qualcomm and even Elon Musk as possible players in the buyouts. The declining market share of Intel Corporation (NASDAQ:INTC) in the foundry space and the company’s cost-cutting activities in 2025 have prompted these rumors.

We have noted 83 hedge funds from our Insider Monkey database holding positions in the company at the end of Q4 2024. Such a strong institutional interest validates the takeover rumor to some extent.

Overall, Intel Corporation (NASDAQ:INTC) ranks first among the 20 takeover rumors hedge funds are buying. While we acknowledge the potential of INTC, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks have lost around 25%. If you are looking for an AI stock that is more promising than INTC but trades at less than 5 times its earnings, check out our report about this cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks To Invest In According to Billionaires.

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