<ul><li>Advanced Micro Devices (AMD) expects to incur charges of up to $800 million for exporting its MI308 products to China and other countries, following the US tightening chip export controls.</li><li>The export control requires a special license for selling certain semiconductor products in China, and AMD plans to apply for licenses, but there is no guarantee of approval.</li><li>This move comes after Nvidia also warned of $5.5 billion charges due to limitations on exporting its H20 AI chip to China.</li><li>Chinese companies are increasingly seeking alternatives to Western chip firms like Nvidia, with AMD being one of the companies that builds hardware for AI applications.</li></ul>

AMD Warns Of $800m Charge From US Chip Restrictions On China

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