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 ...

The U.S. Commerce Department told AMD that it will resume reviewing license applications required to send its MI308 products ...

According 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.

Shares of Advanced Micro Devices Inc. (NASDAQ:AMD) climbed 5% in premarket trading Tuesday after the chipmaker received ...

The US government reverses its policy, allowing Nvidia and AMD to resume selling key AI chips like the H20 and MI308 to China ...

Analysts at Wedbush Securities expect a notable rise in AMD's sales from the latter half of this year, further boosted by its partnership with OpenAI. Despite export challenges with MI308 chips to ...

AMD is well-positioned to capitalize on this growth, with some analysts projecting the company’s Data Center GPU revenue to reach $8 billion by 2026, with the potential to increase to $10-12 ...

AMD has already done that with its MI308 GPU, though it also lost hundreds of millions because that card proved too powerful to sell to the Chinese market.

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?