Tech
AMD’s China concerns overshadow upbeat sales forecast for AI
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Advanced Micro Devices Inc., the second-largest maker of artificial intelligence processors, warned that its return to the crucial China market remains a work in progress, overshadowing a generally upbeat forecast for its AI business.
As part of its quarterly earnings report Tuesday, AMD declined to predict Chinese sales of its Instinct MI308, an AI processor that it designed for the Asian country.
The Trump administration had barred shipments of such chips to China in April, though it reversed course last month, raising hopes that AMD and rival…
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