AMD takes $800M charge on US license requirement for AI chips
1. AMD faces potential $800 million loss regarding MI308 AI chips due to export controls. 2. New U.S. export license requirement impacts sales to China and related countries. 3. AMD expects to apply for licenses, but approval is uncertain. 4. Pre-market trading shows AMD stock down approximately 7%. 5. Other chipmakers, including Nvidia, are also affected by these controls.