AI Chips Update - Transforming Retail with NVIDIA Powered AI Innovations

Simply Wall St.
13 Jan

SoftServe has launched the Gen AI Retail Shopping Assistant at NRF 2025, showcasing a new generative AI solution developed using NVIDIA AI Blueprints. This innovative platform aims to transform the retail experience by integrating NVIDIA AI Enterprise software and multimodal retrieval-augmented generation (RAG). Features like visual search, virtual try-on, and personalized recommendations enhance product discovery and improve shopping efficiency, tackling common challenges faced by retailers. By providing tailored shopping suggestions and seamless navigation of large inventories, this AI-driven tool helps minimize returns and optimize revenue through advanced cross-selling and upselling strategies.

  • NVIDIA last closed at $135.91 down 3%.

NVIDIA aims for higher growth by expanding its Data Center and AI offerings. Click here to explore the detailed narrative on NVIDIA's strategic positioning.

Elsewhere in the market, Semiconductor Manufacturing International was a notable mover up 6.2% and ending the day at HK$34.35, near its 52-week high. In the meantime, ON Semiconductor softened, down 7.5% to end the day at $53.94, close to the 52-week low.

For more insights on AI Chips, check out our Market Insights article titled "The AI Capex Cycle Shows No Signs Of Slowing Down," where we discussed how substantial capital expenditures are driving growth and shaping the industry's winners and losers.

Best AI Chip Stocks

  • ASML Holding closed at €725.30 down 1.2%.
  • QUALCOMM finished trading at $156.98 down 1.3%.
  • Advanced Micro Devices closed at $116.04 down 4.8%, near its 52-week low.

Where To Now?

  • Jump into our full catalog of 52 AI Chip Stocks, which includes Broadcom, Arm Holdings and MediaTek, here.
  • Hold shares in these firms? Setup your portfolio in Simply Wall St to seamlessly track your investments and receive personalized updates on your portfolio's performance.
  • Unlock the power of informed investing with Simply Wall St, your free guide to navigating stock markets worldwide.

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.

Sources:

  • Simply Wall St
  • "SoftServe Presents New Gen AI Retail Shopping Assistant to Invigorate Retail Experiences" from SoftServe on GlobeNewswire (published 10 January 2025)

Companies discussed in this article include SEHK:981 ENXTAM:ASML NasdaqGS:QCOM NasdaqGS:NVDA NasdaqGS:AMD and NasdaqGS:ON.

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