![]() ![]() As the AI revolution becomes a more popular. According to the current price, AMD is 83.37 away from the 52-week high. The stock is quite expensive compared to its usual valuation levels. The high in the last 52 weeks of AMD stock was 132.82. It doesn’t guarantee any outcomes in the future, but it gives you a solid basis for having a more functional relationship. Revenue fell in nearly every AMD business segment. Heath says Raimondo "is extremely well regarded by the White House" and "is treated as a serious player by the people she is talking to in Beijing, you know, that’s exactly the right person that you want there having these discussions. exports to China are still basically at record levels and that also includes for some forms of chips” and the “broad environment is still reasonable encouraging,” Heath notes. “The more transparency, the more dialogue, the better for you as a chipmaker,” Heath explains. Investors and chipmakers should be “mildly encouraged” about communication between the United States and China, Heath says. ![]() Axios Global Tech Correspondent Ryan Heath joins Yahoo Finance Live to discuss what this means for chipmakers and for the future of U.S. Commerce Secretary Gina Raimondo visited China this week in a bid to ease some of the tensions between the United States and China. Yahoo Finance Video Chip stocks: Why Secretary Raimondo’s China visit matters For instance, a 100 investment made in AMD stock five years ago is now worth more than 800. ![]()
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