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Stock impact report

Chinese AI champion iFlytek sets up new entity to expand into semiconductor design [Yahoo! Finance]

Advanced Micro Devices, Inc. (AMD) 
Last advanced micro devices, inc. earnings: 4/28 04:25 pm Check Earnings Report
US:NYSE Investor Relations: ir.amd.com/investor-overview
Company Research Source: Yahoo! Finance
The new entity, Shandong Yixun Information Technology, was incorporated last week with a registered capital of 50 million yuan (US$7.1 million), according to the latest information from Chinese corporate data provider Qichacha. The scope of this entity's operations would include integrated circuit design, AI software development and technical consulting for AI public services online platforms, according to Qichacha. Do you have questions about the biggest topics and trends from around the world? Get the answers with SCMP Knowledge , our new platform of curated content with explainers, FAQs, analyses and infographics brought to you by our award-winning team. Based in Hefei, the capital of eastern Anhui province, iFlytek on Wednesday said it did not have additional information about the business of Shandong Yixun. The latest move by iFlytek, which made its name in the area of voice-recognition software, underscored the growing importance of semiconductor design in China, where Show less Read more
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