AMD’s margins will remain under pressure as a result of the new US licensing requirements on the China-specific MI308 GPUs and the attendant charges that the chipmaker expects to incur in Q2, as per AMD’s own guidance. For the benefit of those who might not be aware, while announcing its earnings for Q1 2025, AMD revealed that it would likely incur $800 milllion in charges related to MI308 inventory write-offs, purchase commitments, and related reserves in the ongoing quarter. What’s more, AMD had also announced at the time that its Q2 gross margin would plunge to 43 percent vs. the […]
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