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AMD FLAGS $800 MILLION HIT FROM NEW US CURBS ON CHIP EXPORTS TO CHINA

  • NEWS Desk Global
  • Apr 16
  • 1 min read


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Advanced Micro Devices expects charges of up to $800 million due to the latest curbs by the Trump administration on exports of advanced processors to China.

Larger rival Nvidia said on Tuesday it would take $5.5 billion in charges as the export restrictions further shackle chipmakers' ability to service one of their largest markets, at a time when tit-for-tat tariffs have clouded the outlook for the sector.

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