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Latest News In AI Chips - AI Blockchain Fusion Transforms Global Trade Finance Ecosystem
Reviewed by Simply Wall St
The $SRC Ecosystem has joined the Trade Finance Distribution Initiative (TFDi) to advance trade finance using AI and blockchain technologies. This collaboration aims to address inefficiencies and barriers in traditional trade finance by transforming trade assets into liquid, tradable tokens and automating risk assessments through AI. By aligning with TFDi, which promotes standardized, technology-driven practices, $SRC seeks to enhance liquidity for small and medium enterprises (SMEs) and facilitate seamless cross-border transactions. This partnership highlights the potential of AI-powered solutions in revolutionizing trade finance, making it more accessible, transparent, and efficient for global markets.
Elsewhere in the market, Giga Device Semiconductor (SHSE:603986) was a standout up 3.8% and ending trading at CN¥112.46. At the same time, NVIDIA (NasdaqGS:NVDA) softened, down 2.9% to end trading at $101.49.
Best AI Chip Stocks
- QUALCOMM (NasdaqGS:QCOM) settled at $136.66 up 0.7%. This week, Qualcomm announced a quarterly dividend increase to $0.89 per share, payable in June.
- Advanced Micro Devices (NasdaqGS:AMD) settled at $87.50 down 0.9%.
- Intel (NasdaqGS:INTC) settled at $18.93 down 1.6%.
Taking Advantage
- Take a closer look at our AI Chip Stocks list of 48 companies, such as Semiconductor Manufacturing International, ASML Holding and Taiwan Semiconductor Manufacturing, by clicking here.
- Ready For A Different Approach? Explore 21 top quantum computing companies leading the revolution in next-gen technology and shaping the future with breakthroughs in quantum algorithms, superconducting qubits, and cutting-edge research.
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.
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About NasdaqGS:NVDA
NVIDIA
A computing infrastructure company, provides graphics and compute and networking solutions in the United States, Singapore, Taiwan, China, Hong Kong, and internationally.
Exceptional growth potential with flawless balance sheet.
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