15 Trending AI Stocks on Latest Analyst Ratings and News

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3. NVIDIA Corporation (NASDAQ:NVDA)

Number of Hedge Fund Holders: 179

NVIDIA Corporation (NASDAQ:NVDA) designs the most advanced chips, systems, and software for the AI factories of the future.

On Monday, November 4th, SK Group Chairman Chey Tae-won said that NVIDIA Corporation (NASDAQ:NVDA)  CEO Jensen Huang had asked memory chip maker SK Hynix to bring forward the supply of its next-generation high-bandwidth memory chips called HBM4 by six months. In October, SK Hynix aimed to supply chips to customers by the second half of 2025. As per an SK Hynix spokesperson, this timeline was faster than an initial target. Huang’s request reflects upon the increasing demand for higher capacity, energy-efficient chips used in Nvidia’s graphic processing units to develop AI technology. After all, the chip maker controls more than 80% of the global AI chip market. Meanwhile, SK Hynix has been leading the way in these advanced, high-performance HBM chips.

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