Biden administration officials have discussed capping sales of advanced AI chips from Nvidia Corp. and other American companies on a country-specific basis, people familiar with the matter said.Subscribe to the Bloomberg Daybreak podcast on Apple,

AMD pointed to growing momentum around its Instinct MI300X data-center AI chip and announced the MI325X, expected to begin shipping later this year, which is designed to improve p

Computer systems based on AMD’s MI325X processors will be available soon and have an edge over machines running Nvidia’s H100, CEO Lisa Su said at a company event in San Francisco on Thursday. The MI325X’s use of a new type of memory chip will give it better performance at running AI software — a process known as inference — she said.

Good morning. The US is considering limiting sales of AI chips to some countries. EU ministers meet today to discuss Russian gas imports. And oil extends losses. Listen to the day’s top stories.

Industry analysts say that while AMD's new GPU series is an improvement, it is still behind Nvidia's Blackwell.

AMD has introduced its newest AI chip. The company is unlikely to make a meaningful dent in Nvidia's market share, but it can still see solid growth ahead. The stock should be a solid performer as the AI infrastructure continues to ramp up.

Advanced Micro Devices, Inc. announces new AI accelerator to compete with Nvidia, seizing opportunity in supply shortage. Read more on AMD stock update.