AMD reportedly hits U.S. regulatory roadblock for China-tailored chip
Publishing timestamp: 2024-03-05 03:55:35
Summary
AMD will need an export license for its made-for-China chips after failing to get past U.S. regulators. American semiconductor companies are adjusting their China strategies as U.S. regulators close trade loopholes. Despite restrictions, shares of both Nvidia and AMD have soared in the AI market frenzy.
Sentiment: MIXED
Keywords: u.s. economy, business news, advanced micro devices inc, technology, nvidia corp, politics, trade, tencent holdings ltd, breaking news: technology,