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AMD expects $800M charge due to US’ license requirement for AI chips
Read the full articleAMD expects $800M charge due to US’ license requirement for AI chips on TechCrunch
↗What Happened
AMD says that the U.S. government’s license control requirement for exporting AI chips to China and certain other countries may have a material impact on its earnings. If AMD doesn’t successfully obtain a license, the company could be on the hook for roughly $800 million in inventory, pu
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