From Yahoo Finance: 2025-05-06 16:19:00

Advanced Micro Devices (AMD) predicts a $1.5 billion revenue loss due to U.S. chip restrictions on AI processors to China. Despite this, Q2 revenue forecast beats estimates, with shares rising 1%. CEO Lisa Su expects strong double-digit growth in AI chip revenue. Export controls are aimed at limiting China’s AI capabilities.

AMD forecasts a $1.5 billion revenue hit in 2025 due to export controls. China makes up a quarter of AMD’s revenue, with a 5% decrease expected. Nvidia faces a $5.5 billion charge for export licenses. CFO Jean Hu attributes the revenue loss to April’s export controls from the U.S.

Despite export restrictions, AMD’s advanced processors see strong demand from cloud giants like Microsoft and Meta Platforms. Q2 revenue forecast is around $7.4 billion, surpassing analysts’ estimates. Data center sales surged 57% to $3.7 billion, exceeding expectations. Total revenue increased by 36% to $7.44 billion, with adjusted profit also beating estimates.

Marvell Technology and Super Micro disappoint investors, with Marvell delaying Investor Day to 2026 due to economic uncertainty. Super Micro cuts its 2025 revenue forecast, sparking concerns about its AI market position. Marvell shares drop by 4.5% after hours, while Super Micro falls by 5%.



Read more at Yahoo Finance: AMD forecasts $1.5 billion revenue hit from US curbs on China chip exports