Key Takeaways AMD shares climbed again Wednesday amid optimism about the company's plans to restart exports of its MI308 chips to China. AMD shares had gapped above a tight rectangle formation in Tuesday’s trading session,

Advanced Micro Devices, Inc. gains momentum with China expansion, AI adoption, and OpenAI ties. Click for my updated look at AMD stock ahead of Q2 earnings.

Like Nvidia’s H20 chips, AMD’s MI308 products were specifically restricted by the Trump administration following the roll-back of the Biden-era AI Diffusion Rule, which was set to restrict access to AI chips and AI model weights by countries, determined by a tiered system decided by the US government.

AMD stock jumps 8% as analysts grow bullish on its AI chip momentum, China export approval, and hyperscaler demand.

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. semiconductor.

China has leveraged its dominance over rare earths for Nvidia chips; however, this expert says world isn't decoupling, it is just bartering.

In a fiercely competitive CPU market, follow the latest news and analyis as AMD surges in data center and races for AI leadership.