10 Trending AI News and Ratings You Must Take a Look At

3. NVIDIA Corporation (NASDAQ:NVDA)

Number of Hedge Fund Holders: 193

NVIDIA Corporation (NASDAQ:NVDA) creates AI platforms for data centers, autonomous vehicles, robotics, and cloud computing.

As per a Bloomberg report from January 30, Nvidia (NASDAQ:NVDA) has approved Samsung’s 8-layer HBM3E memory chips for use in AI processors aimed at the Chinese market. While this marks progress for Samsung, it still lags behind SK Hynix, which remains Nvidia’s main supplier of the most advanced HBM technology. SK Hynix was the first to mass-produce both 8-layer and 12-layer HBM3E chips. Nvidia’s CEO acknowledged that Samsung needs to improve its design but expressed confidence in its efforts. As demand for high-bandwidth memory grows, both Samsung and SK Hynix are preparing to mass-produce HBM4 chips later this year, competing for Nvidia’s future supply needs.