Lisa Su, AMD’s CEO, discussed the AMD EPYC processor at CES. However, AMD stock dropped over 5% due to lower than expected earnings and concerns about China shipments. Su attributed AI chip sales decline to U.S. export restrictions. AMD forecasted $8.7 billion in revenue for the current quarter, excluding revenue from China AI chip sales. (Words: 50)

AMD reported adjusted earnings of 48 cents per share, below the 49 cents expected by analysts. The company faces challenges from U.S. export restrictions on AI chips affecting sales to China. While AMD forecasts $8.7 billion in revenue for the current quarter, it does not include revenue from the China AI chip market. (Words: 50)

CEO Lisa Su mentioned challenges from U.S. export restrictions on AI chips impacting sales to China. AMD reported lower-than-expected earnings, with adjusted earnings of 48 cents per share compared to analyst expectations of 49 cents per share. The company forecasted $8.7 billion in revenue for the current quarter. (Words: 50)

AMD’s earnings fell below expectations, with adjusted earnings of 48 cents per share. The company forecasts $8.7 billion in revenue for the current quarter, excluding sales from its China AI chip. CEO Lisa Su highlighted challenges from U.S. export restrictions on AI chips impacting sales to China. (Words: 50)

Read more at CNBC: AMD stock slumps 5% on earnings miss, China AI chip concerns