Latest News In AI Chips – Auradine Strengthens Leadership With Semiconductors Veteran Tan

Auradine, a leader in blockchain and AI infrastructure, has announced the addition of Lip-Bu Tan, a prominent figure in the semiconductor and technology industry, to its Board of Directors. Lip-Bu Tan brings decades of experience as a founder and chairman of Walden International, as well as extensive expertise in the semiconductor industry, having previously served as President and CEO of Cadence Design Systems. His appointment is seen as an enhancement to Auradine’s strategic direction, leveraging his industry insights and leadership to guide the company’s growth in AI and semiconductor markets. With a proven track record in driving significant business transformations, Tan’s involvement is expected to support Auradine’s aim to lead in groundbreaking, energy-efficient solutions for high-growth markets.

Elsewhere in the market, Semiconductor Manufacturing International was trading firmly up 5.8% and ending the day at HK$41.30. In the meantime, Arm Holdings trailed, down 7.4% to end trading at $166.56.

Arm Holdings is poised for growth through its v9 architecture and expanding CSS licensing in key sectors. Click through to explore the detailed narrative on Arm Holdings.

You may also want to explore our Market Insights article titled “The AI Capex Cycle Shows No Signs Of Slowing Down,” which discusses the ongoing significant investments in AI infrastructure, including AI chips, and highlights the implications for the industry and related stocks.

Best AI Chip Stocks

• QUALCOMM ended the day at $174.36 up 2.4%.
• NVIDIA settled at $147.22 up 0.1%, not far from its 52-week high.
• Advanced Micro Devices closed at $123.04 down 0.6%.

Key Takeaways

• Click here to access our complete index of 52 AI Chip Stocks, which features Microchip Technology, Hygon Information Technology and Intel.
• Invested in any of these stocks? Simplify your portfolio management with Simply Wall St and stay ahead with our alerts for any critical updates on your stocks.
• Maximize your investment potential with Simply Wall St, the comprehensive app that offers global market insights for free.

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
• “Auradine Welcomes Semiconductor and Technology Industry Visionary Lip-Bu Tan to its Board of Directors” from Auradine on GlobeNewswire (published 22 January 2025)

Companies discussed in this article include SEHK:981 NasdaqGS:QCOM NasdaqGS:NVDA NasdaqGS:AMD and NasdaqGS:ARM.

Contact editorial-team@simplywallst.com