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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.
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 ...
Advanced Micro Devices is positioning itself for inference, which is predicted to be the larger TAM compared to training.
Like Nvidia’s H20 chips, AMD’s MI308 products were specifically restricted by the Trump administration following the ...
The US Commerce Department told AMD that license applications for the MI308 products would move forward for review, an AMD spokesman said Tuesday.
“Despite Beijing pouring significant subsidies into its domestic semiconductor industry, China cannot produce chips capable ...
AMD shares climbed again Wednesday amid optimism about the company's plans to restart exports of its MI308 chips to China.
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.
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