AMD Sees $800 Million Charge From Export Curbs on AI Chips
Processors and memory chips made by Advanced Micro Devices.
Photographer: Qilai Shen/BloombergThis article is for subscribers only.
Advanced Micro Devices Inc. said it expects to take a charge of as much as $800 million after the Trump administration put new restrictions on semiconductor exports to China.
The company came to the conclusion after it completed an initial assessment of a new license requirement for the export of its MI308 products, it said in a filing with the US Securities and Exchange Commission. Nvidia Corp. said Tuesday in a similar disclosure that it will take a writedown of $5.5 billion because its H20 chip will be banned from export to China unless it secures a license.