AMD expects $800 million hit from U.S. chip restrictions on China
1. AMD may face $800 million charges due to new U.S. export restrictions. 2. Licenses for exporting MI308 products to China are uncertain. 3. New restrictions could slow AMD's growth despite $25.8 billion revenue. 4. AMD competes strongly in AI hardware, but faces regulatory hurdles. 5. Nvidia also impacted, announcing a similar $5.5 billion charge.