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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 ...
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 ...
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AMD cleared to join Nvidia and resume selling some underpowered AI chips to ChinaWaiting for license approval but plans to resume shipments of the MI308 accelerator soon-ish The US government has cleared ...
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 ...
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 ...
The latter most recently affected the H20 from Nvidia's last generation Hopper and AMD's Instinct MI308. The news agency Reuters reports on a new GPU accelerator for China.
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.
Despite U.S. restrictions on advanced AI chip sales to China, AMD acknowledges the market's importance for growth, even with potential revenue impacts from curbs on chips like the MI308.
Advanced Micro Devices CEO Lisa Su said China is a “large opportunity” market for the semiconductor and artificial intelligence industry even as export controls and evolving tariff plans loom ...
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