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.
AMD posts 36% revenue growth in Q1, driven by AI and Data Center momentum. Renewed China access strengthens its outlook. Read why I'm raising my AMD rating to Strong Buy.
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;