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.

Moreover, as the outlook shifts, a major Wall Street voice put its name on a call that’s its boldest yet on AMD stock. AMD goes from underdog to AI infrastructure powerhouse AMD kicked things off this year as an underdog in AI chips.

China’s Ministry of State Security says it is cracking down on alleged smuggling of rare earths materials that it says threaten national security.

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.

While there's still significant risk on the geopolitical front, allowing the sale of capable AI processors to China suggests the potential for a significant improvement in U.S. trade relations. If so, AMD stock could continue to see bullish business-specific catalysts in addition to valuation tailwinds for the broader market.

AMD stock jumps 8% as analysts grow bullish on its AI chip momentum, China export approval, and hyperscaler demand.

Advanced Micro Devices Inc. said that it plans to restart shipments of its MI308 chips to China after the US said it would approve the sales, following a similar decision on an Nvidia Corp. semiconductor.

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In a fiercely competitive CPU market, follow the latest news and analyis as AMD surges in data center and races for AI leadership.