Apr 16, 2025 11:36 AM
Apr 16, 2025 11:36 AM
AMD Warns of $800M Financial Impact from New U.S. Export Restrictions
AMD has announced it may face up to $800 million in charges following new U.S. export controls targeting its MI308 semiconductor products, which could restrict business with China, Hong Kong, Macau, and other regions. The tech giant confirmed it is seeking export licenses, though approvals remain uncertain.