AMD CFO Jean Hu confirmed earlier today that the firm is not starting new chip production for its China products despite being granted licenses by the Trump administration. Hu, along with AMD's vice president of investor relations, Matthew Ramsay, spoke at a Citigroup conference earlier today, where they discussed the firm's total addressable market for artificial intelligence and rising costs and AMD's ability to convert them into improved margins in an industry where gross margins drive stock performance. AMD CFO Asserts AI Is In Early Stages & Skips Commenting On Whether It's A Bubble Hu and Ramsay's talk at the […]
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