AMD says U.S. told it to stop shipping top AI chip to China

– Superior Micro Units Inc on Wednesday mentioned U.S. officers have advised it to cease exporting its high synthetic intelligence chip to China, in keeping with a spokesman.

The corporate mentioned new license necessities stop cargo of its MI250 chips to China but it surely believes its MI100 chips aren't affected by the brand new requirement. The corporate mentioned it doesn't consider the brand new guidelines may have a cloth affect on its enterprise.

AMD shares had been down 2% in after-hours buying and selling after rival Nvidia mentioned the brand new guidelines might value it as much as $400 million is gross sales.

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