5 Cheap Semiconductor Stocks to Invest In Today

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In this article, we discuss the 5 cheap semiconductor stocks to invest in today. If you want to read our detailed analysis of these stocks, go directly to the 10 Cheap Semiconductor Stocks to Invest In Today

5. Intel Corporation (NASDAQ:INTC)

Number of Hedge Fund Holders: 66  

Share Price as of December 15: $49.70       

Intel Corporation (NASDAQ:INTC) markets essential technologies for smart devices. The company has plans in place to invest $100 billion into chip-making plants in the coming years and will release new central processing chips every year until 2025. 

In early November, Northland analyst Gus Richard upgraded Intel Corporation (NASDAQ:INTC) stock to Market Perform from Underperform with a price target of $49, noting that a “sum-of-the-parts valuation provided support for the shares”. 

At the end of the third quarter of 2021, 66 hedge funds in the database of Insider Monkey held stakes worth $6.4 billion in Intel Corporation (NASDAQ:INTC), compared to 78 in the previous quarter worth $6.7 billion.

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