Nvidia, Advanced Micro Devices gain as China chip sales set to resume
Shares of chip designer Nvidia NVDA.O rise 3.4% to $169.63 and rival chipmaker Advanced Micro Devices AMD.O climb 6.2% to $155.19
NVDA is filing applications with the U.S. government to resume sales to China of H20 graphics processing unit and expects to get licenses soon
U.S. Department of Commerce informs AMD that license applications to export its MI308 chips to China will be moving forward for review, company says
William Blair estimates 30 cents in additional EPS in fiscal 2026 for NVDA, assuming China rev of about $20 billion for the full year, up from $17.11 billion in fiscal 2025
Bernstein says it is encouraged that NVDA can still compete in China, reducing structural risk
As of last close, NVDA up ~22% and AMD up ~21% vs. Philadelphia SE Semiconductor Index's .SOX ~13% gain, this year
Related Articles
SoundHound Analysis: Will This Overlooked AI Stock Be the Surprise Winner of 2026?
While buying SoundHound stock, you may need to look at key indicators that will help you tell the noise from the signals.
Will Micron Be the 2026 AI Winner as the Memory Supercycle Begins?
Recently, Micron has focused on premium areas such as High-Bandwidth Memory that plays alongside accelerators to feed AI models, and adding capacity with an eye on pricing discipline.
Stock Market Crash 2026: What Fed Signals and Economic Data Mean for Investors
TradingKey - The possibility of a stock market crash occurring in 2026 is becoming increasingly likely as investor sentiment continues to decline.
