AMD takes $800M charge on US license requirement for AI chips

AMD says that the U.S. government’s license control requirement for exporting AI chips to China and certain other countries may impact its earnings materially. If AMD doesn’t successfully obtain a license, the company could be on the hook for roughly $800 million in inventory, purchase commitments, and related reserves charges, the company said in a filing with the SEC on Wednesday. According to AMD, the license control requirement applies to the company’s MI308 GPUs. “On April 15, 2025, [AMD] completed it ...