On April 16, after the Trump administration issued new restrictions on semiconductor exports to China, the American semiconductor giant AMD estimated that the company would incur costs of up to $800 million (approximately RMB 5.84 billion).
It was reported that the U.S. Department of Commerce stated on the 15th that it would introduce new export licensing requirements for chips, restricting the export of NVIDIA's H20 chip and AMD's MI308 chip and its similar products to China.
In a filing with the U.S. Securities and Exchange Commission, AMD said that after an initial assessment of the new license requirements for the export of MI308 products, they reached this conclusion.
AMD stated in the document that these $800 million in costs are related to inventory, purchase commitments, and reserves, and noted: "We expect to apply for licenses, but there is no guarantee that the licenses will be granted."
Similarly, on the 15th, NVIDIA Corporation stated in a similar disclosure document that due to the ban on exporting the H20 chip to China without a license, the company would record an impairment loss of $5.5 billion (approximately RMB 40.21 billion).
After the opening of the New York market on the 16th, AMD's stock price fell by as much as 8.1%, while NVIDIA's stock price also dropped by up to 7%.
It is understood that in 2024, China is AMD's second-largest market, contributing approximately $6.23 billion (approximately RMB 45.55 billion) in revenue, accounting for more than 24% of total sales.
Currently, the Trump administration is strengthening regulations implemented in recent years by the U.S. government to restrict China's access to advanced semiconductors. The Biden administration has also imposed multiple rounds of export control measures based on its so-called national security threats posed by geopolitical rivals.
Before the latest export control measures were introduced, AMD had a smaller market share in this field. According to IDC, a market research company, AMD's competitor, NVIDIA, holds more than 90% of the market share for data center graphics processors (GPUs).
Regarding the frequent export controls imposed by the United States on China, Chinese Foreign Ministry spokespersons have repeatedly emphasized that the US side politicizes, over-securityizes, and instrumentalizes economic and technological issues, continuously increasing restrictions on semiconductor exports to China, and coerces other countries to suppress China's semiconductor industry. Such actions hinder the development of the global semiconductor industry and will ultimately backfire, harming both others and oneself.
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Source: https://www.toutiao.com/article/7494130953355297307/
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