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Recent advancements in AI chip technology have seen SADA, a Google Cloud consultancy, recognized with five Google Public Sector Partner Expertise Badges, reflecting their proficiency in AI and ML, data analytics, and other fields. SADA's achievements highlight their role in modernizing government technology systems, demonstrated through initiatives such as enhancing operations for the Chicopee Police Department with AI-powered solutions to optimize workflows and improve public safety. These developments underscore a broader trend in leveraging AI chips and related technologies to drive transformative change in public sector organizations.
Elsewhere in the market, Cambricon Technologies was a standout up 5.1% and finishing the session at CN¥780.36, hovering around its 52-week high. In the meantime, Credo Technology Group Holding trailed, down 6.3% to end trading at $66.78.
Best AI Chip Stocks
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Advanced Micro Devices ended the day at $110.84 down 2.9%, close to the 52-week low. Two days ago, AMD was reportedly in talks to sell its data center manufacturing plants valued between $3 billion and $4 billion.
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NVIDIA closed at $134.43 down 4.1%.
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Intel settled at $24.87 down 4.7%.
Key Takeaways
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.