NVIDIA To Resume H20 AI Chip Sales To China
Digest more
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.
The announcement sent AMD stock up more than 6%, marking a rebound after months of export uncertainty. The chipmaker had warned in April that it could face up to $800 million in charges tied to restrictions on the MI308,
China has leveraged its dominance over rare earths for Nvidia chips; however, this expert says world isn't decoupling, it is just bartering.
SOXX offers the best balance of AI exposure and diversification among semiconductor ETFs. Read why I rate SOXX a buy seeking AI exposure.