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AMD and Nvidia Reinitiate AI Chip Exports to China, Triggering Share Price Surge
2 week ago /
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Author：小编
On July 16, AMD announced, as reported by CNBC, that it would soon recommence exporting its MI308 AI chip to China. This announcement led to a significant surge of over 6% in the company's share price on the same day. AMD disclosed that the U.S. Department of Commerce had initiated plans to restart the export license approval process for the chip, promising that supplies would resume promptly upon approval. Notably, Nvidia had previously secured an export license for its H20 chip to China.
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