This Week In AI Chips - Vikk AI Joins Elite AWS Startup Program With Meta's Llama

NVIDIA Corporation -3.27%

NVIDIA Corporation

NVDA

175.02

-3.27%

Vikk AI has been selected as one of only 33 startups nationwide for the prestigious AWS Startups: Building with Llama program, a joint initiative from Meta and Amazon Web Services. This program, which had over 1,000 applicants, supports startups using Meta’s Llama AI models to innovate in their respective industries. Vikk AI, specializing in predictive legal analytics, will leverage this opportunity to advance its technology using AWS's cloud infrastructure and Meta’s AI models, promising significant advancements in legal AI capabilities. Participants in the program benefit from substantial AWS cloud credits, direct mentorship, and networking with top AI leaders, facilitating accelerated growth and innovation in AI chip utilization.

Elsewhere in the market, VeriSilicon Microelectronics (Shanghai) (SHSE:688521) was a standout up 17.3% and closing at CN¥203.00, not far from its 52-week high. In the meantime, Rambus (NasdaqGS:RMBS) lagged, down 4.7% to end trading at $102.35, though it's still trading close to its 52-week high.

Best AI Chip Stocks

  • NVIDIA (NasdaqGS:NVDA) settled at $176.67 up 0.2%, close to the 52-week high.
  • ASML Holding (ENXTAM:ASML) finished flat at, €793.70, not far from its 52-week high.
  • Advanced Micro Devices (NasdaqGS:AMD) settled at $157.39 down 0.3%.

Where To Now?

  • Explore the 71 names, such as Hygon Information Technology, Montage Technology and Arm Holdings, from our AI Chip Stocks screener here.
  • Seeking Other Investments? These 11 companies survived and thrived after COVID and have the right ingredients to survive Trump's tariffs. Discover why before your portfolio feels the trade war pinch.

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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