China Export Curbs Threaten $1.5 Billion in AMD Revenue
AMD Sees $1.5 Billion Revenue Hit from U.S. Export Curbs, But AI Demand Drives Strong Forecast Advanced Micro Devices (NASDAQ: AMD) said on Tuesday it expects to take a $1.5 billion revenue hit in 2025 due to new U.S. export restrictions on advanced AI chips to China. The announcement highlights the growing impact of geopolitical…