The White House is ordering federal agencies to name chief AI officers and develop strategies for the expansion of the government’s use of AI, David Shepardson of Reuters reports. This move rescinds Biden-era orders intended to place safeguards on the technology. Publicly traded companies in the space include AMD (AMD), Marvell (MRVL), Microchip (MCHP), Micron (MU), Nvidia (NVDA), Qualcomm (QCOM), TSMC (TSM), and Texas Instruments (TXN).
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