AMD: The US Department of Commerce is Evaluating Licenses for Exporting MI308 Chips to China
According to Jinse Finance, AMD (AMD.O) stated that the U.S. Department of Commerce is currently evaluating the license for exporting MI308 chips to China. AMD (AMD.O) shares rose more than 5% in pre-market trading. Market sources indicate that once the license is approved, AMD (AMD.O) will resume shipments of MI308 chips to China.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Barrick Gold (ABGC.US) applies for U.S. IPO, aiming to raise up to 6 billion dollars
American Barrick Gold has submitted its initial public offering (IPO) application to the U.S. Securities and Exchange Commission (SEC).

Japanese stocks closed up 1.31%

“Big Short” Burry dumps Caterpillar (CAT.US) put options after their value quadrupled, cutting his short position by 75%
After Michael Burry's put options on Caterpillar nearly quadrupled, he reduced his short position in Caterpillar.

