Chance for Nvidia, AMD China Rebound Hit by Domestic Chip Drive

Chance for Nvidia, AMD China Rebound Hit by Domestic Chip Drive

24/7 Wall St.

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A Fragile Foothold in China Nvidia (NASDAQ:NVDA) and Advanced Micro Devices (NASDAQ:AMD) recently secured U.S. approval to resume sales of their lower-end AI chips, the H20 and MI308, respectively, to China, marking a significant step in navigating U.S. export restrictions.  These deals, brokered by the Trump administration, came with an unprecedented condition: both companies agreed […]

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