AMD Stock News Today (Dec. 22, 2025): China MI308 Order Talk, Analyst Targets, and What Could Move Advanced Micro Devices Next
AMD shares traded near $214 Monday after reports that Alibaba is considering an order of 40,000 to 50,000 MI308 AI accelerators. The chips are designed to comply with U.S. export controls for China. AMD and Alibaba have not commented. The news comes as policy uncertainty continues to affect AI chip shipments to China.