Billionaire James Dinan is Selling These 5 Stocks

2. Intel Corporation (NASDAQ:INTC)

Number of Hedge Fund Holders: 66

Intel Corporation (NASDAQ:INTC) is a leading manufacturer and distributor of computer microprocessors, motherboards, and other computational semiconductor chipsets.

On December 6, Intel Corporation (NASDAQ:INTC) announced its intent to take Mobileye public in the US in the middle of next year. The company was quoted that the decision is expected to unlock the value of Mobileye for the stakeholders of Intel Corporation (NASDAQ:INTC) by creating a separate publicly-traded company with IPO and will build on Mobileye’s “successful” track record.