Recent advances in AI chips were highlighted by GSI Technology’s announcement of its selection for a U.S. Army SBIR contract. This contract aims to develop cutting-edge AI computing solutions using GSI’s innovative in-memory computing technology, Gemini-II. The project’s goals include integrating this technology with tailor-made AI models to meet the military’s specific needs and identifying suitable algorithms for effective military applications. By directly processing data in memory, Gemini-II offers reduced power consumption and enhanced processing capability, supporting potential military and dual-use applications such as computer vision and mobile data computing.
In other market news, Intel was trading up 9.3% and ended the session at $21.49. In the meantime, TongweiLtd followed, down 2.5% to close trading at CN¥21.17.
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