Recent advancements in AI chips have been highlighted by GSI Technology's announcement of its selection for a U.S. Army SBIR contract. This contract aims to develop edge AI computing solutions utilizing GSI's innovative compute-in-memory technology, Gemini-II. The objectives of the project include integrating this technology with tailored AI models to address the Army's specific needs and identifying suitable algorithms for efficient military applications. By directly processing data in memory, Gemini-II offers reduced power consumption and improved processing capacity, supporting potential military and dual-use applications like computer vision and mobile data computation.
In other market news, Intel was trading firmly up 9.3% and finishing the session at $21.49. Meanwhile, TongweiLtd trailed, down 2.5% to end trading at CN¥21.17.
Intel is leveraging advanced technologies and AI product lines to enhance profitability and market share. Discover more about Intel's strategic initiatives by clicking through to the full narrative.
As a follow-up, take a look at our Market Insights article, "The AI Capex Cycle Shows No Signs Of Slowing Down," where we explored the ongoing investment surge in AI infrastructure and its impact on AI chip providers like Nvidia and TSMC, providing crucial context for understanding the recent share price movements in AI-related stocks.
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Companies discussed in this article include NasdaqGS:INTC NasdaqGS:NVDA NasdaqGS:AMD ENXTAM:ASML and SHSE:600438.
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