Advanced Micro Devices Inc

• Oracle shares plummet 11% in premarket, dragging down AI stocks - Shares in Nvidia, Micron and Microsoft were also lower in premarket trade on Thursday.
• Trump's blessing of Nvidia AI chip sales to China gets a chilly reception from GOP - Trump said Chinese President Xi Jinping "responded positively" to the proposal to let Nvidia sell H200 AI chips on condition that the U.S. gets 25% of revenue.
• Micron stops selling memory to consumers as demand spikes from AI chips - Demand driven by the AI infrastructure boom is creating shortages for certain products like memory.
• A 'seismic' Nvidia shift, AI chip shortages and how it's threatening to hike gadget prices - The AI infrastructure buildout is creating shortages of components including various types of chips that are also used in consumer electronics.
• OpenAI takes stake in Thrive Holdings to help accelerate enterprise AI adoption - OpenAI will embed engineering, research and product teams within Thrive Holding's companies.