Latest news in AI chips -record revenue of Andees Technology, which is due to the AI ​​demand

The Andes Technology Corporation has reported a record turnover of over 42 million US dollars for 2024, in particular for the growing demand for AI applications, which make up 38% of sales. This growth reflects a broader trend in the introduction of RISC-V processor IP solutions in various sectors, with AI, consumer electronics, IoT and automobiles leading the load. Andes continues to strengthen his leadership in the RISC-V architecture through innovation and strategic customer partnerships, including remarkable companies such as Axelera AI, Fractile AI and Meta. The company's most important markets include Taiwan and the United States and further expand its global presence.

Elsewhere on the market, Astera Labs (Nasdaqgs: Alab) was a remarkable mover by 10.5% and ended the session at $ 72.18. At the same time, Advanced Micro-Fabrication Equipment China (Shse: 688012) Demonstrated by 2.3% by 19.70 CN -Yen.

The strategic initiatives of Intel, including the Panther Lake Start and AI CPUS, aim to strengthen the market share and profitability. Find out more about the growth strategy and the projections of Intel in our detailed corporate count.

In a related note you will find the piece of Market Insights, which examines the effects of the R1 model from Deepseek on the AI ​​chip industry and emphasizes potential shifts in demand and the effects on companies within the AI ​​ecosystem.

Best Ai chip stocks

• Nvidia (Nasdaqgs: NVDA) With a seizure of $ 121.67 by 5.3%. Today Nvidia is presenting in Las Vegas at the Adobe Summit 2025.
• Extended micro devices (NASDAQGS: AMD) ended the day with $ $ $ 2.9%. On Friday, AMD submitted a proxy declaration in which the shareholders were asked to vote against a proposal to remove a provision that concerns certain voting rights for shareholders.
• Intel (Nasdaqgs: Intc) With a 1.5%of $ 24.05. On Monday, Geoff presented Ivey, director of digital functions and operations, on the Adobe Summit 2025 in Las Vegas.

Take the opportunity

• Click this link to deep into the 53 companies in our AI chip stock screen, including LAM research, Enteregris and Tonggored.
• Shareholder in one or more of these companies? Make sure you are never caught outside the Guard by adding your portfolio to Simply Wall Street to get timely warnings for considerable stock developments.
• Simply Wall St is a revolutionary app for long -term stock investors. It is free and covers every market in the world.

This article by Simply Wall Street is a general nature. We offer comments based on historical data and analyst forecasts that only use an impartial methodology, and our articles are not intended as financial advice. It is not a recommendation to buy or sell shares, and does not take into account your goals or your financial situation. We would like to use a long -term focused analysis by basic data. Note that our analysis may not take into account the latest record -sensitive announcements or qualitative material. Simply Wall Street has no position in the stocks mentioned.

Sources:

Have feedback on this article? Worried about the content? Make sure you contact us. Alternatively, send an email to Redaktionsteam@simplywallst.com