Advanced Micro Devices shares rose significantly in tandem with a broader rally in AI chip stocks after a high-profile US delegation visit to China. The surge reflected renewed investor confidence in the sector’s growth prospects amid potential easing of bilateral technology tensions.

The trip by Nvidia’s Jensen Huang and former President Trump has raised expectations that export controls on semiconductors could be relaxed, improving AMD’s access to China’s data center market. Investors are monitoring policy signals and any new agreements that may open doors for AMD’s AI accelerator sales in Asia.