The Joe Biden administration plans next month to broaden curbs on US shipments to China of semiconductors, well-placed sources said.
Browsing: AMD
The US’s new restrictions on Nvidia selling advanced chips to Chinese customers threatens to deal a heavy blow to the country’s technological development.
The US beefed up its effort to cut off the flow of advanced technology to China by instructing Nvidia and AMD to stop sending their flagship AI chips there.
The announcement signals a major escalation of the US crackdown on China’s technological capabilities as tensions bubble over the fate of Taiwan.
Mounting concern over semiconductor demand is sending shudders through Asia’s high-tech exporters, which historically serve as a bellwether for the international economy.
Gaming companies are facing a slowdown in demand for videogames from pandemic highs, raising doubts about their ability to weather a downturn.
AMD forecast third quarter revenue slightly below estimates, a signal of uncertainty that concerned some investors after the company stock made huge gains in July.
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Google will start adopting computing chips based on technology from ARM, making it the latest company to join a transition that will take market share from Intel and AMD.
The turmoil in the cryptocurrency industry has taken a toll on a corner of the tech world that once benefited from crypto’s rise.