Stock Analysis

AI Chips Update - Scintil Photonics Revolutionizes AI Infrastructure With $58M Investment

Scintil Photonics has secured $58 million in a Series B funding round led by Yotta Capital Partners to advance its integrated photonics technology for AI infrastructure. The funding will enable expansion of production and international presence, especially focusing on the U.S., to cater to the high demands of next-generation AI data centers. Scintil's breakthrough technology includes the industry's first single-chip DWDM light engine, designed to meet the energy efficiency and bandwidth needs of evolving AI infrastructure. This development supports Scintil's mission to replace multiple traditional components with a single chip solution, revolutionizing the integration and performance of AI systems globally.

In other trading, Kioxia Holdings (TSE:285A) was trading firmly up 9.4% and ending the day at ¥3,475, not far from its 52-week high. Meanwhile, Xinjiang Daqo New EnergyLtd (SHSE:688303) trailed, down 8.1% to finish the session at CN¥30.25.

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Best AI Chip Stocks

  • Advanced Micro Devices (NasdaqGS:AMD) closed at $155.82 up 2.9%.
  • NVIDIA (NasdaqGS:NVDA) finished trading at $170.76 up 1.5%. Two days ago, NVIDIA announced the Rubin CPX GPU, designed to massively enhance AI performance and efficiency in software coding and generative video processing.
  • ASML Holding (ENXTAM:ASML) settled at €683.20 up 1%. On Tuesday, ASML entered a strategic partnership with Mistral AI, investing €1.3 billion and securing a seat on the company's Strategic Committee.

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