Nvidia, AMD to Resume AI Chip Sales to China
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AMD shares climbed again Wednesday amid optimism about the company's plans to restart exports of its MI308 chips to China. Monitor these key chart levels.
AMD posts 36% revenue growth in Q1, driven by AI and Data Center momentum. Renewed China access strengthens its outlook. Read why I'm raising my AMD rating to Strong Buy.
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.