Royal Assets - 5 AI Chip Stocks to Buy in July Other Than Nvidia

NORTH BRIDGE ROAD, Singapore - July 17, 2023 - PRLog -- From autonomous vehicles to advanced robotics, AI is transforming industries and shaping the future of our society. One crucial component that powers AI systems is the AI chip, a specialized processor designed to handle complex computational tasks efficiently.

1. Advanced Micro Devices (AMD)

Advanced Micro Devices, commonly known as AMD, has been gaining significant traction in the AI chip industry. The company's Radeon Instinct GPU series has been making waves in the AI community, offering exceptional performance and power efficiency.

2. Intel Corporation (INTC)

Intel Corporation, a renowned name in the semiconductor industry, has been actively investing in AI research and development. The company's Xeon processors, coupled with their advanced deep learning frameworks, provide robust AI capabilities.

3. Xilinx Inc. (XLNX)

Xilinx Inc. is another player in the AI chip space that deserves attention. The company's adaptable FPGA (Field-Programmable Gate Array) technology allows for high-performance and low-latency AI processing. Xilinx's chips can be reprogrammed on-the-fly, making them ideal for AI applications that require real-time inference.

4. Taiwan Semiconductor Manufacturing Company (TSM)

While not a traditional AI chip manufacturer, Taiwan Semiconductor Manufacturing Company (TSM) plays a vital role in the AI ecosystem. As the world's largest semiconductor foundry, TSM manufactures chips for numerous companies, including those specializing in AI.

5. NVIDIA's Competitors in China

In addition to the aforementioned companies, there are several promising AI chip manufacturers emerging from China. Companies like Huawei's HiSilicon, Cambricon Technologies, and Horizon Robotics are making significant strides in the development of AI chips.

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