AMD Says It Will Restart MI308 Sales to China
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Advanced Micro Devices, Inc. (NASDAQ:AMD) is one of the AI Stocks Investors Are Watching Closely. On July 15, Mizuho analyst Vijay Rakesh raised the price target on the stock to $175.00 (from $152.00) while maintaining an “Outperform” rating.
AMD shares climbed again Wednesday amid optimism about the company's plans to restart exports of its MI308 chips to China. Monitor these key chart levels.
AI chip sales to China resume; TSMC accelerates U.S. production; Synopsys-Ansys done deal; Chinese espionage; Nikon's new litho system; SiC, GaN buildout; CPO market; rowhammer attack on GPUs; Q2 startup funding;
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.
AMD stock jumps 8% as analysts grow bullish on its AI chip momentum, China export approval, and hyperscaler demand.