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flag AMD expects a $1.5 billion hit due to new U.S. export restrictions on AI chips to China.

flag AMD forecasts a $1.5 billion revenue loss this year due to new U.S. restrictions on exporting advanced AI chips to China, requiring licenses for these shipments. flag Despite this, AMD's second-quarter revenue forecast exceeded Wall Street expectations, indicating strong demand for its processors. flag The U.S. is tightening controls on AI chip exports to China to curb the country's AI development, with AMD's CEO, Lisa Su, predicting continued growth in AI chip revenue.

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