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GraniteShares 2x Long AMD Daily ETF
AMDL.US
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AMD Willing to Pay 15% Tax to Resume Chip Exports to China, CEO Says

AMD Willing to Pay 15% Tax to Resume Chip Exports to China, CEO Says

marketscreener·
US
AMD
-0.74%
US
AMDL
-1.41%
marketscreener·
US
AMD
-0.74%
US
AMDL
-1.41%

US senators unveil bill to prevent easing of curbs on Nvidia chip sales to China

A bipartisan group of U.S. senators introduced the SAFE CHIPS Act to prevent the Trump administration from easing restrictions on AI chip sales to China, Russia, Iran, and North Korea for 2.5 years. The bill aims to block the sale of advanced AI chips from Nvidia and AMD to these countries, citing national security concerns. The Commerce Department would need to deny license requests and brief Congress on rule changes. The legislation reflects bipartisan efforts to maintain strict tech export controls.

Reuters·
US
AMD
-0.74%
US
AMDL
-1.41%
US
SOXL
-3.05%
Reuters·
US
AMD
-0.74%
US
AMDL
-1.41%
US
SOXL
-3.05%

What Is Happening With AMD Stock?

AMD stock has surged 116% in the past nine months due to strong demand for AI GPUs, data center growth, and PC market recovery. Despite strong earnings and revenue growth, export restrictions and valuation concerns pose challenges. The stock is considered overpriced, with historical risks highlighted. The Trefis HQ Portfolio suggests diversified investment for better returns with lower risk.

Forbes·
US
AMD
-0.74%
US
AMDL
-1.41%
Forbes·
US
AMD
-0.74%
US
AMDL
-1.41%

AMD chief says company ready to pay 15% tax on AI chip shipments to China

AMD CEO Lisa Su announced that the company is ready to pay a 15% tax to the U.S. government for shipping its MI 308 chips to China. This decision follows a deal made by the Trump administration with Nvidia and AMD, allowing them to resume chip shipments to China in exchange for the tax. The announcement was made at a Wired conference in San Francisco.

fidelity·
US
AMD
-0.74%
US
AMDL
-1.41%
fidelity·
US
AMD
-0.74%
US
AMDL
-1.41%

Raab & Moskowitz Asset Management LLC Sells 3,065 Shares of Advanced Micro Devices, Inc. $AMD

Raab & Moskowitz Asset Management LLC reduced its holdings in Advanced Micro Devices, Inc. by 20.9% in Q2, selling 3,065 shares. Other institutional investors like Vanguard and Geode Capital increased their stakes. AMD's stock opened at $217.60, with a market cap of $354.26 billion. Analysts forecast AMD will post 3.87 EPS for the year. Insiders sold 75,676 shares worth $16,124,589 in the last 90 days.

Market Beat·
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AMD
-0.74%
US
AMDL
-1.41%
Market Beat·
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AMD
-0.74%
US
AMDL
-1.41%
Posts
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$AMD(AMD.US) Last night, while finalizing the annual must-pass National Defense Authorization Act, the U.S. Congress chose not to include the "GAIN AI Act." This delivered a significant lobbying victo...

$AMD(AMD.US) almost all semiconductor comapanies show a bearish chart supported by insane valuations.

$AMD(AMD.US) Honestly, holding long-term doesn’t really count as a loss. The core business still looks fairly solid, but in this market you just have to tough it out on your own…

$AMD(AMD.US) Today's 3.9% gain in AMD is quite interesting, with trading volume soaring... AI and data centers have become the driving force. Its robust product line and deep presence in Europe and th...

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