Stock Analysis

Latest News In AI Chips - Silicon Carbide Boosts Efficiency In AI Infra Revolution

Coherent Corp. has introduced an advanced 300mm silicon carbide platform to meet the growing thermal efficiency requirements of AI-driven datacenter infrastructure. This development utilizes Coherent's expertise in 200mm SiC technology to create a platform that enhances power density, switching speed, and thermal management. By transitioning to larger diameter SiC wafers, the platform significantly improves energy efficiency and thermal performance, benefiting not only datacenters but also AR/VR devices and power electronics. The new platform underscores the importance of silicon carbide in enabling the scalability and efficiency of AI applications, supporting a range of innovations from immersive displays to renewable energy systems.

Elsewhere in the market, Rigetti Computing (NasdaqCM:RGTI) was trading firmly up 15.4% and ending trading at $30.06. In the meantime, Intel (NasdaqGS:INTC) trailed, down 7.4% to finish the session at $40.50.

Intel's strategic overhaul aiming to capture AI-driven growth demands immediate attention. Click here to explore the full narrative on Intel's transformation.

Be sure to revisit our Market Insights article on the hidden risks beneath the AI Chips hype; opportunities might not last!

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Best AI Chip Stocks

  • NVIDIA (NasdaqGS:NVDA) finished trading at $183.38 up 2.1%. NVIDIA, a partner in Palantir's Chain Reaction platform, is aiming to accelerate AI infrastructure buildout in the U.S., an announcement made briefly one day ago.
  • Advanced Micro Devices (NasdaqGS:AMD) closed at $215.98 down 0.7%. On Tuesday, AMD announced collaborations with HPE and Vultr to bolster AI infrastructure and performance through advanced compute and networking technologies.
  • Micron Technology (NasdaqGS:MU) settled at $226.65 down 3.2%. Three days ago, Micron announced its decision to exit the Crucial consumer business to focus on core enterprise and commercial segments.

Summing It All Up

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:

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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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