AMD estimates $800M charge on US license requirement for AI chips | TechCrunch
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6:09 AM PDT · April 16, 2025
AMD says that the U.S. government’s license control requirement for exporting AI chips to China and certain other countries may impact its earnings materially.
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 in a filing with the SEC on Wednesday. According to AMD, the new export rule...
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