AMD says US rule on chips to China could cost it $800 mn
- Advanced Micro Devices expects new US licensing requirements for chips exported to China could cost it as much as $800 million.
- AMD filed an earnings warning with the US Securities and Exchange Commission regarding these potential losses.
- The company stated that the US might not grant necessary licenses for exporting these semiconductors.
- AMD indicated that these regulations would significantly impact its earnings.
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35 Articles
Trump’s Chip Tariffs Could Cost Semiconductor Industry Over $1 Billion
Key Takeaways: The semiconductor industry may lose over $1 billion due to Trump’s planned chip tariffs. Top U.S. chip equipment makers like Applied Materials, Lam Research, and KLA could lose around $350 million each. Small chipmakers could also face tens of millions in losses. The tariffs are part of Trump’s trade war, which is already affecting some chipmakers. The tariffs could slow down the global semiconductor industry. The semiconductor i…
Another chip manufacturer foresees million-dollar losses by new US rules.What's the impact?
The chip manufacturer Advanced Micro Devices (AMD) announced on Wednesday that new U.S. licensing requirements for semiconductors exported to China could cost you up to $800 million.The Silicon Valley company's warning, presented to the U.S. Stock Exchange and Securities Commission (SEC), occurred one day after its rival Nvidia notified regulators that it expects an impact of $5.5 billion this quarter due to licensing requirements on the main ch…
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