AMD flags $800 million hit from new US curbs on chip exports to China
1. AMD expects up to $800 million in charges from U.S. export curbs to China.
1. AMD expects up to $800 million in charges from U.S. export curbs to China.
The expected charges could significantly reduce AMD’s profitability, similar to past tariffs affecting earnings.
The $800 million charge indicates severe financial risk, impacting investor confidence.
The immediate financial impact of expected charges will influence quarterly results.