Reported 1 day ago
AMD cautions that U.S. sales restrictions targeting exports to China, particularly for its MI308 AI chips, will lead to a $1.5 billion revenue loss in 2025, overshadowing an otherwise positive sales outlook. Despite these challenges, CEO Lisa Su remains optimistic about AI infrastructure demand and projects growth in the latter half of the year, even as investor concerns about competitive pressures from Nvidia and tariff uncertainties linger.
Source: YAHOO