U.S. Export Restrictions Pose Hurdle for AMD’s AI Chip Sales to China

In a recent development, Advanced Micro Devices Inc. (AMD) faces a significant hurdle in selling a specialized artificial intelligence (AI) chip to the Chinese market. The U.S. Department of Commerce has imposed restrictions on the export of high-powered AI processors, impacting AMD’s plans to cater to Chinese clients. Despite seeking approval from the U.S. government…