MI308 GPUs
Search documents
A Big China Catalyst Could Be Coming for AMD Stock in 2026. Should You Buy Shares Now?
Yahoo Finance· 2025-12-24 19:42
It looks like after Nvidia (NVDA), Advanced Micro Devices (AMD) is next in line to rehash a deal to resume the sales of its chips to China. After CEO Lisa Su had a meeting with China's Commerce Minister Wang Wentao in Beijing last week, reports have emerged that the country's tech giant Alibaba (BABA) is mulling ordering some of AMD's MI308 GPUs. According to this report, Alibaba could order between 40,000 and 50,000 of these GPUs. This could imply a revenue windfall in the range of $600 million to $1.25 b ...