15 AI News That You Should Not Miss

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

Number of Hedge Fund Holders: 107

Advanced Micro Devices, Inc. (NASDAQ:AMD) operates as a semiconductor manufacturer. The stock has been in focus over the past week, along with other chipmakers, as the US announced additional curbs on the access of China to vital tools and components for AI chips. In response, four semiconductor associations in China declared processors made in the US as unsafe. News agency Reuters reported that the comments came from groups including Internet Society of China and the China Association of Communication Enterprises. Per the report, in total, the four groups, which released similarly worded statements right after each other, represent roughly 6,400 members combined.

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