Lisa Su, CEO of AMD, attends the synthetic intelligence marketing campaign -top within the Grand Palais in Paris, 10 February 2025.
Benoit Tessier | Reuters
Shares of Superior micro units Greater than 7% closed on Wednesday after the corporate stated that it might make prices as much as $ 800 million for exporting its MI308 merchandise to China and different nations.
“The corporate expects to request licenses, however there isn’t a assure that licenses shall be granted,” AMD stated within the software for the Securities and Alternate Fee.
The brand new American license requirement, which applies to the export of sure semiconductor merchandise, would obtain stock, buying obligations and associated reserves, AMD stated within the submission.
AMD is likely one of the corporations that builds the {hardware} behind the synthetic intelligence tree. The corporate claims that its AMD Intuition MI300 sequence accelerators are “uniquely nicely suited to advertise even essentially the most demanding AI and HPC-Workloads,” his web site stated.
It generated “file” earnings of $ 25.8 billion in 2024, in keeping with the Winstrelease of February, however the brand new export restrictions might decelerate progress.
AMD One Month Inventory Chart.
NvidiaAn AMD competitor, launched the same disclosure on Tuesday. The corporate stated it is going to value a quarterly prices of round $ 5.5 billion for exporting H20 graphic processing models.
China is the fourth largest area of Nvidia per sale, after the US, Singapore and Taiwan, in keeping with the corporate’s annual report. Greater than half of his turnover went to American corporations in his tax yr that resulted in January.
– CNBC’s KIF Leswing and Jordan Novet contributed to this report.
Correction: AMD generated a turnover of $ 25.8 billion in 2024. An earlier model gave up the yr incorrectly.
