Tuesday, 31 March, 2026
AMD Projects $1.5 Billion Revenue Impact from U.S. AI Chip Export Restrictions to China
By Isha
Advanced Micro Devices (AMD) anticipates a $1.5 billion revenue decline in 2025 due to new U.S. export controls requiring licenses for shipping advanced AI processors to China. Despite this, AMD's Q2 revenue forecast surpasses Wall Street expectations, attributed to customers accelerating purchases ahead of potential tariffs. CEO Lisa Su remains optimistic, expecting strong double-digit growth in AI chip revenue from the company's data center business this year.
Read full story at Economic Times