AMD Restore Export chips AI MI308 to China

Extended micro -device On Tuesday said he would quickly restart the MI308 deliveries Artificial intelligence chips to China. The orders rose 7% after the news.

The company said on Tuesday that the US Department of Trade plans to resume its licensing applications for sending products to the second largest economy in the world. AMD said he plans to start deliveries after they are approved.

“We applaud the progress of the Trump administration in promoting trade negotiations and its commitment to AI leadership,” AMD press secretary said in a CNBC statement.

This news comes when tensions are brewed between the US and China after a hot trading war sent by the president Donald TrumpA tariff cross hike that sent global markets.

Last week, Nvidia CEO Jensen Juan met with Trump As an industry, the chips urged the administration to weaken control. Nvidia It also said on Tuesday that it “soon” would restart supplies to China.

Previously, construction manufacturers warned about the income related to the restrictions in China.

AMD said that in April what would be needed up to 800 million dollars On charges, while competitor Nvidia warned about A strike of 5.5 billion dollars from restriction on its H20 processors. Juan said that during income in May, which called that the company missed 2.5 billion dollars The income is tied to chips.

The H20 chips and Mi308 were developed for the Chinese market in response to the US export control rules.

Earlier this year, the Trump administration was angry with AI chips to China, citing national security problems. The administration also canceled “The Rule of Diffusion AI“The President Joe Biden, who created the tiers of different shipment restrictions, was implemented.

The administration stated that the US would implement new and The simpler rules for chips. It should not yet launch a comprehensive policy.

See: Nvidia says