According to Mizuho, the announcement means AMD will be able to resume the shipments of its MI308 chips to China. This ...

China's Ministry of State Security says it is cracking down on alleged smuggling of rare earths materials that it says ...

Nvidia's CEO Jensen Huang says the technology giant has won approval from the Trump administration to sell its advanced H20 ...

Nvidia (NDVA) and AMD (AMD) may soon get the green light to sell AI chips to China again, potentially reviving a key growth ...

AMD’s stock skyrocketed over 7% after the US approved resuming MI308 chip shipments to China. The US Commerce Department confirmed AMD’s license applications for MI308 chips will move forward. This ...

The U.S. Commerce Department told AMD that it will resume reviewing license applications required to send its MI308 products ...

According to a Bloomberg report, the U.S. Department of Commerce has indicated that license requests related to AMD’s MI308 ...

Shares of Advanced Micro Devices ( NASDAQ: AMD) jumped over 7% on Tuesday after the company stated that it will resume shipments of its MI308 chips to China after receiving the US government approval.

Advanced Micro Devices Inc. said that it plans to restart shipments of its MI308 chips to China after the US said it would approve the sales, following a similar decision on an Nvidia Corp.

KeyBanc reduced the firm’s Q2 gross margin estimate for AMD (AMD) from 54% to 43% to reflect $800M in charges associated with the write-off of MI308. The firm cut its earnings per share estimate ...

AMD previously said it expects U.S. export restrictions on its MI308 chips to lead to a revenue loss of $1.5 billion for 2025. See more: Nvidia, AMD extend stock gains.