AMD CFO Jean Hu confirmed during a Citigroup conference call that the company is not initiating new chip production for its China-specific products, despite receiving licenses from the Trump administration. Hu and AMD’s vice president of investor relations, Matthew Ramsay, discussed AMD’s total addressable market (TAM) for artificial intelligence and rising costs, emphasizing their potential to improve margins.
Hu clarified that AMD is not starting new wafer production for the MI308 GPU and is focused on clearing out...
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