AMD to produce key processor chips in TSMC's Arizona plant for AI expansion
From Yahoo Finance: 2025-04-16 15:12:00
In our recent article, we highlighted 10 AI stocks not to overlook, including Advanced Micro Devices (AMD). Trump’s tariffs may benefit China in the AI race, disrupting global markets and pushing US allies towards Chinese technological solutions. China’s President Xi Jinping strengthens ties with Vietnam amid trade tensions and tariff negotiations.
AMD announced plans to produce key processor chips in TSMC’s Arizona plant, marking its first US manufacturing. Apple and Nvidia also utilize the facility. While AMD ranks 8th in AI stocks, other options may offer higher returns. Consider exploring undervalued AI stocks for potential gains.
Hedge fund data shows interest in AI stocks, with potential to outperform the market by following top picks. US-China trade tensions impact global markets, prompting alliances between China and US allies. President Trump acknowledges discussions focused on harming the US, but does not blame China or Vietnam.
Read more: Advanced Micro Devices (AMD) to Begin U.S. Chip Production in TSMC’s Arizona Plant for AI Expansion