14 AI News and Ratings That Wall Street Is Watching

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The United States government recently announced fresh curbs targeting the chip industry in China. Per a report by news platform Al Jazeera, this is the third crackdown on American chip business with China in three years. The latest measures include curbing exports to 140 companies, including chip equipment maker Naura Technology Group, the report underlined. It added that the new rules also hit Chinese chip toolmakers Piotech, ACM Research, and SiCarrier Technology. According to the report, new export restrictions are part of the package, which also takes aim at shipments of advanced memory chips and chips tools to China.

Read more about these developments by accessing 10 Best AI Data Center Stocks and 10 Buzzing AI Stocks According to Goldman Sachs.

The updated sanctions package includes curbs on China-bound shipments of high bandwidth memory chips. These chips are critical for high-end applications like AI training. The US has also introduced export curbs on chip making equipment made in countries such as Singapore and Malaysia. Through these measures, introduced just a few days before President-elect Donald Trump takes charge at the White House, the US aims to limit Chinese access to chips that can help advance artificial intelligence for military applications, or otherwise threaten US national security.

Read more about these developments by accessing 30 Most Important AI Stocks According to BlackRock and Beyond the Tech Giants: 35 Non-Tech AI Opportunities.

For this article, we selected AI stocks by combing through news articles, stock analysis, and press releases. These stocks are also popular among hedge funds. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 275% since May 2014, beating its benchmark by 150 percentage points (see more details here).

15 AI News and Ratings That Wall Street Is Watching

Stocks

AI News and Ratings That Wall Street Is Watching

14. Soluna Holdings, Inc. (NASDAQ:SLNH)

Number of Hedge Fund Holders: 3  

Soluna Holdings, Inc. (NASDAQ:SLNH) engages in the mining of cryptocurrency through data centers. The firm recently announced that it had executed a master services agreement with San Francisco Compute, a company building the first real-time compute trading platform for AI. Under the deal, Soluna will provide an initial 80 NVIDIA H100 GPUs and potentially scale to 120 NVIDIA H100 GPUs, from its AI cloud infrastructure to SF Compute, enabling advanced computational capabilities for AI-driven applications.

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