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China’s Ministry of State Security says it is cracking down on alleged smuggling of rare earths materials that it says ...
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 ...
The U.S. Commerce Department told AMD that it will resume reviewing license applications required to send its MI308 products ...
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Asianet Newsable on MSNAMD Reportedly Cleared To Resume MI308 AI Chip Sales To China Amid Policy Shift, Gets Retail Thumbs UpAccording to a Bloomberg report, the U.S. Department of Commerce has indicated that license requests related to AMD’s MI308 ...
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.
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?
Advanced Micro Devices’ AMD first-quarter revenue grew 36% year over year and was above the high end of guidance. AMD’s second-quarter forecast is for 27% growth year over year, above FactSet ...
AMD benefits from Nvidia chip scarcity and a solid AI foothold, even amid China export risks and a falling share price. See why AMD stock is a buy.
AMD is staring down a potential $800 million loss due to new U. S. restrictions on chip exports to China. The U. S. Commerce Department’s new rules impose stricter licensing requirements on ...
Advanced Micro Devices said it could incur charges of up to $800 million for exporting its MI308 products to China and other countries. Shares of AMD were down more than 5% on Wednesday.
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