10 AI News Investors Can’t Afford to Miss

8. Cirrus Logic, Inc. (NASDAQ:CRUS)

Market Capitalization: $5.37 billion

Cirrus Logic, Inc. (NASDAQ:CRUS) is a fabless semiconductor company that benefits from the production of leading-edge chips for smartphones and artificial intelligence applications.

On Monday, November 18, Susquehanna raised the firm’s price target on Cirrus Logic, Inc. (NASDAQ:CRUS) to $140 from $135 and kept a “Positive” rating on the shares. The firm has expressed excitement about the near-term PC opportunity that the company holds, complemented by the long-term AI opportunities in power and audio.