Advanced Micro Devices Inc. said that it plans to restart shipments of its MI308 chips to China after the US said it would ...

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

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.

Like Nvidia’s H20 chips, AMD’s MI308 products were specifically restricted by the Trump administration following the ...

The announcement sent AMD stock up more than 6%, marking a rebound after months of export uncertainty. The chipmaker had warned in April that it could face up to $800 million in charges tied to ...

The US Commerce Department told AMD that license applications for the MI308 products would move forward for review, an AMD spokesman said Tuesday.

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

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

The sales resumption of Nvidia’s H20 processors and Advanced Micro Devices’ (AMD) MI308 chips in China is expected to ease the anxiety of local artificial intelligence companies, according to ...

Advanced Micro Devices (AMD) plans to restart shipments of its MI308 chips to China, following US approval. This move comes after a similar decision for Nvidia.

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