15 AI News and Ratings Grabbing Investor Attention

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8. Advanced Micro Devices, Inc. (NASDAQ:AMD)

Market Capitalization: $240 Billion

Advanced Micro Devices, Inc. (NASDAQ:AMD) operates as a semiconductor manufacturer. The stock has been one of the many chip stocks impacted by comments made by US House Speaker Mike Johnson that the Republican administration, set to take charge of the US government in the coming weeks, may try to repeal the CHIPS Act. Johnson made the comments while answering a question by a reporter. However, he later clarified that the new administration only sought to further streamline the bill.

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