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AMD reportedly hits U.S. regulatory roadblock for China-tailored chip


Bloomberg reported the Commerce Department did not clear the chip for sale in China because it was still too advanced.

American semiconductor company Advanced Micro Devices has failed in getting a made-for-China AI chip past U.S. regulators and will need to apply for an export license, Bloomberg reported Tuesday. In the lead-up to the October restrictions, Nvidia had warned that further U.S. export curbs on its chips to China would risk a "permanent loss" for American semiconductor firms to lead in one of the world's largest markets. In Nvidia's November earnings call, Chief Financial Officer Colette Kress said China and other regions targeted by U.S. export controls had consistently contributed approximately 20% to 25% of data center revenue over the past few quarters.While Nvidia reported blockbuster fourth-quarter results, Kress noted during the February earnings call that data center revenue from China declined significantly following the U.S. export curbs.

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