AI Chips Today - Cerence AI Revolutionizing Automotive Interaction With New Partnership

Cerence AI, in collaboration with MediaTek and NVIDIA, has unveiled an advanced multi-modal language model designed for automotive applications, just ahead of Auto Shanghai 2025. This development integrates Cerence's CaLLM Edge technology with MediaTek's Dimensity Auto Cockpit chipsets and NVIDIA's AI Enterprise software, creating a solution that enhances in-car interactions through increased intelligence and security. The system aims to provide both drivers and passengers with personalized, contextually aware experiences by processing information at the edge, thus reducing reliance on cloud resources. This partnership showcases a significant advancement in automotive AI technology, giving automakers new tools for customizable and efficient voice-based systems.

• MediaTek (TWSE:2454) last closed at NT$1,385.00 up 4.1%.
• NVIDIA (NasdaqGS:NVDA) last closed at $106.43 up 3.6%.

Elsewhere in the market, Microchip Technology (NasdaqGS:MCHP) was a standout up 12.4% and finishing the session at $47.12. On Thursday, the company unveiled the MCPF1412 power module, a compact and efficient solution for superior power conversion and system monitoring. Meanwhile, Hua Hong Semiconductor (SEHK:1347) lagged, down 6.3% to close at HK$34.35.

Capitalize on MediaTek's strategic AI and connectivity advancements for potential near-term growth opportunities. Learn more about MediaTek's potential in our detailed narrative.

Don't miss our "Market Insights" piece on how DeepSeek's R1 model is shaking up AI chip investments by potentially altering demand for compute power—check it out now to stay ahead of the curve.

Best AI Chip Stocks

• Advanced Micro Devices (NasdaqGS:AMD) closed at $94.47 up 4.5%.
• Intel (NasdaqGS:INTC) closed at $21.49 up 4.4%. On Thursday, the company reported a first-quarter net loss of $821 million, an increase from last year's $381 million loss.
• ASML Holding (ENXTAM:ASML) settled at €591.70 up 1.9%. The company increased its total dividend for 2024 to €6.40 per ordinary share, approved in its Annual General Meeting two days ago.

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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.

Sources:

• Simply Wall St
• "Cerence AI and MediaTek Partner to Introduce Multi-Modal Language Models Running on the Edge, Built on NVIDIA" from Cerence Operating Company on GlobeNewswire (published 23 April 2025)

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