AMD expects $800M charge due to US’s license requirement for AI chips
Apr 16, 2025 - 15:38
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AMD says that the U.S. government’s license control requirement for exporting AI chips to China and certain other countries may have a material impact on its earnings. If AMD doesn’t successfully obtain a license, the company could be on the hook for roughly $800 million in inventory, purchase commitments and related reserves charges, it said […]