Broadcom Inc. (NASDAQ:AVGO) is one of the AI Stocks Investors Are Watching Closely. On July 15, Mizuho analyst Vijay Rakesh ...

China's state security agency says it is cracking down on supposed smuggling of rare earths minerals that it says threaten ...

AI chip sales to China resume; TSMC accelerates U.S. production; Synopsys-Ansys done deal; Chinese espionage; Nikon's new litho system; SiC, GaN buildout; CPO market; rowhammer attack on GPUs; Q2 ...

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 ...

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.

Nvidia CEO Jensen Huang reportedly called Washington’s export curbs on the sale of AI chips to China a “failure” that would drive Chinese rivals to speed up developing their own semiconductors.

Advanced Micro Devices stock (NASDAQ:AMD) surged by over 4% in Tuesday’s trading and remains up by close to 20% over the past month. So what’s driving the stock higher?