US EditionAMD Cleared to Join Nvidia in Selling AI Chips to China
CHINA, JUL 15 – The Trump administration reversed AI chip bans after industry pressure, allowing AMD and Nvidia to resume exports to China, potentially recovering billions in lost revenue.
- The U.S. Commerce Department is moving forward with reviewing AMD’s license applications, enabling the company to restart shipments of MI308 AI chips to China once approvals are granted.
- This decision follows a reversal by Washington amid ongoing trade negotiations and a recent easing of tensions between the U.S. and China.
- AMD plans to restart shipments once licenses are approved, joining Nvidia which also plans to resume sales of its H20 AI chip to China.
- Following news of the export license reviews, AMD’s share value increased by close to 7%, while Nvidia’s stock climbed about 5% on Tuesday.
- The resumption of chip exports suggests a potential easing in U.S.-China tech trade friction amid a broader diplomatic thaw and ongoing industry lobbying.
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Coverage Details
Total News Sources17
Leaning Left2Leaning Right3Center4Last UpdatedBias Distribution44% Center
Bias Distribution
- 44% of the sources are Center
44% Center
L 22%
C 44%
R 33%
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