AMD says it will restart MI308 sales to China after US review
AMD said in April that export restrictions on the MI308 chips would cost the company about $800 million.
Earlier, Nvidia similarly said the government had agreed to green-light shipments of its H20 AI chip to China, a decision that could add billions to the company's revenue this year.
AMD shares rose 5% in premarket trading on Tuesday. The stock closed at $146.24 on Monday and has gained 21% this year.
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Hindustan Times
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- Hindustan Times
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Time of India
an hour ago
- Time of India
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Time of India
an hour ago
- Time of India
US stock market: Nvidia share price pushes Nasdaq to record high, 90 per cent of S&P 500 stocks fall, Dow Jones crashes
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