Nvidia, AMD to Resume AI Chip Sales to China
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AMD stock soars 8% after unveiling its powerful MI350 AI chips, signaling a bold challenge to Nvidias dominance in AI hardware. Backed by HSBCs upgrade and a price target boost to $200, AMD is finally stepping out of Nvidias shadow.
AMD stock jumps 8% as analysts grow bullish on its AI chip momentum, China export approval, and hyperscaler demand.
Shares of Advanced Micro Devices are trading higher Tuesday morning. A key driver for AMD on Tuesday was a report on the Trump administration's planned $70 billion investment in U.S. AI.
Advanced Micro Devices, Inc.'s AI strategy and market momentum challenge Nvidia's dominance. Click for my updated look at how AMD is restoring investor confidence.
Nvidia Corp. plans to resume sales of its H20 artificial intelligence accelerator to China, after it received assurances from the US government that it would be granted licenses, the company said in a blog post.
The feature is currently rolling out to Windows 11 Insiders on the Dev Channel—Snapdragon first, AMD and Intel later.
Nvidia is the dominant player in AI infrastructure, but its size could limit some of its upside. AMD and Broadcom, meanwhile, have huge opportunities. Given their smaller sizes, the stocks have the potential to outperform Nvidia in the coming years.
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Advanced Micro Devices (AMD) shares jumped Thursday after analysts suggested the company’s latest AI chips could compete with Nvidia's offerings. Watch these crucial chart levels.
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