Buyout firm Silver Lake is in exclusive discussions to purchase a majority stake in Intel's programmable chip business, Altera, a person familiar with the matter told Reuters on Tuesday. Silver Lake is finalizing the details of the investment.

Silver Lake Management is in exclusive talks to acquire a majority stake in Intel Corp.’s programmable chips unit, people with knowledge of the matter said.

In this article, we are going to take a look at where Intel Corporation (NASDAQ:INTC) stands against the other AI stocks. AI is transforming industries by enabling machines to learn, adapt, and make decisions based on data.