NVIDIA Plans To Expand China AI Chip Sales
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AMD stock jumps over 25% in a month as AI chip sales to China resume and analysts raise price targets. Here's what’s driving the rally today.
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.
New Delhi, July 17 (UNI) In a liberalized trade move, AMD (Advanced Micro Devices) announced that it will start shipments of ''M1308'' artificial intelligence (AI) chips to China. The ''M1308'' chips are the electronic components used for the processing of large data volumes for managing the AI workloads efficiently. AMD also pointed out that the US Department of Commerce is currently reviewing the applications for trade resumption submitted by AMD.