The US has granted AMD permission to restart exporting certain accelerators to China, much like Nvidia’s recent clearance. AMD confirmed that the Department of Commerce is advancing the review of license applications for its MI308 products targeting the Chinese market. Shipments will begin as licenses get approved. This move follows a change in US export policies; earlier, even low-power accelerators were restricted due to security concerns. After lobbying from the semiconductor industry, looking at billions in potential losses, the decision has been reversed, allowing sales of less powerful GPUs to resume. AMD’s stock saw a near seven percent rise, while Nvidia also experienced a five percent bump. This development reflects a warming in China-US relations amid ongoing trade talks, with both nations working towards renegotiation before the upcoming tariff deadline in August.
AMD and Nvidia Greenlit for AI Chip Sales in China
