15 AI News and Ratings Trending on Financial Media

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

Number of Hedge Fund Holders: 107

Advanced Micro Devices, Inc. (NASDAQ:AMD) operates as a semiconductor manufacturer. On November 27, news publication Bloomberg reported that the outgoing Biden administration was considering additional restrictions on semiconductor equipment and artificial intelligence microchip exports to China. Per the report, the restrictions would target export of advanced chips to the Asian country that are made by US-based firms like AMD. The report further details that the upcoming measures would be less stringent than previous ones in this regard.

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