Advanced Micro Devices Inc. $AMD has announced plans to pursue compensation of up to $800 million following new export restrictions on semiconductors to China imposed by the Trump administration. This development comes after the company’s initial assessment of fresh licensing requirements affecting the export of its MI308 products.
In recent weeks, analysts have turned their attention to Nvidia H20 chips, designed for the Chinese market. Despite rumors of potential easing from the U.S. Department of Commerce, experts continue to anticipate significant restrictions on these new graphics processors.
In recent days, the US Department of Commerce has implemented significant changes to its export control list that affect a number of companies involved in cyber technologies and defense developments. The updated list now includes six subsidiaries of Inspur Group—one of China's leading cloud computing and big data service providers—as well as dozens of other organizations from China and several other countries.
The recent decision by the US to add six subsidiaries of the Inspur Group to the export restriction list marks a significant milestone in technology control policy. Inspur Group, a leading Chinese provider of cloud computing and big data services, makes this decision particularly noteworthy in the context of global technological competition.
