AMD Soars After U.S. Approves China Shipments for MI308 Chips

by MarketNewsData

Advanced Micro Devices (AMD) surged 6.41% to $155.61 after reports confirmed the U.S. government has cleared AMD to resume shipments of its MI308 AI chips to China. This move follows a similar approval granted to Nvidia last week.

🔑 Key Points:

  • Regulatory Reversal: The decision marks a key shift from earlier restrictions that had barred AMD from selling advanced AI chips like the MI308 to Chinese customers.
  • China Market Reopens: The clearance allows AMD to access a large and growing AI infrastructure market in China, where demand for accelerators is rising despite geopolitical tensions.
  • Revenue Upside: Although AMD had previously said the China restrictions would limit sales of its MI300 series, today’s approval potentially restores a major growth lever.
  • Nvidia Parallel: The news mirrors the recent development where Nvidia resumed shipments of its H20 chip to Chinese customers, underscoring broader U.S. regulatory flexibility for compliant chips.

📈 Market Reaction:

  • AMD stock jumped +$9.37 (6.41%) on the day, reflecting investor optimism that AI chip exports to China may no longer be a headwind.
  • High-volume session: Trading volume was elevated, signaling strong institutional interest on the news.

🔍 Insight:

This move not only boosts AMD’s near-term revenue prospects but also indicates a broader policy shift that could benefit U.S. chipmakers targeting compliant exports to China — a market worth billions annually in AI infrastructure spend.

This could reignite the AMD vs. Nvidia battle in the high-performance accelerator space — and China is back in play.

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