Advanced Micro Devices Inc. announced it anticipates up to an $800 million charge after the Trump administration imposed restrictions on semiconductor exports to China. Following a new license requirement for its MI308 products, AMD is uncertain about securing these licenses. Similarly, Nvidia disclosed a $5.5 billion writedown due to export bans on its H20 chip. Both companies' stocks saw declines as they navigate a complex regulatory environment shaped by U.S. national security concerns and competition with China in the semiconductor market, where Nvidia holds a significant market share.
AMD anticipates an $800 million charge due to new semiconductor export restrictions to China, reflecting the ongoing impact of U.S. trade policies on the tech industry.
AMD's efforts to export MI308 products to China face hurdles, highlighting the uncertainty companies face under evolving U.S.-China trade relations.
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