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AMD says US rule on chips to China could cost it US$800 million

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AMD says US rule on chips to China could cost it US$800 million - SCMP

Quick Summary:

The new US export control measure applies to MI308 graphics processing units (GPUs) designed for high-performance applications.

AMD said in the filing that it “expects to apply for (export) licenses but there is no assurance that licenses will be granted”.

Shares in both companies were down by about 7 per cent at the close of formal trading on Wednesday.


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Article Details

Author / Journalist: Agence France-Presse

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-17 @ 12:05:07 (2 days ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 155 words

Reading Time: 1 minutes read

Sentences: 6 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 27959701

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About SCMP

SCMP Logo

Main Topics: Technology

Official Website: scmp.com

Update Frequency: 1 posts per day

Year Established: 1903

Headquarters: Hong Kong

News Last Updated: 3 hours ago

Coverage Areas: Hong Kong

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #41

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The story "AMD says US rule on chips to China could cost it US$800 million" was covered 2 days ago by SCMP, a news publisher based in Hong Kong.

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  • URL: https://beamstart.com/news/amd-says-us-rule-on-17448663173024

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