15 AI News That Broke The Internet This Week

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14. NXP Semiconductors N.V. (NASDAQ:NXPI)

Number of Hedge Fund Holders: 44  

NXP Semiconductors N.V. (NASDAQ:NXPI) makes and sells various products related to semiconductors. NXP offers a comprehensive portfolio of microcontrollers and processors optimized for AI and machine learning applications in automotive, smart industrial and IoT industries. Latest reports, published by news agency Reuters, claim that comments made by European Semiconductor Industry Association head Rene Schroeder suggest that the EU is planning a second version of legislation aimed at improving domestic semiconductor manufacturing and production to include foundational and legacy semiconductors. While the previous version of the legislation aimed to reduce reliance on TSM, the latest rules might focus on providing some aid to European chipmakers like NXP, per the report.

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