AMD Says China Trade Is Still Uncertain — Market Talk

Advanced Micro Devices is still facing uncertainty regarding trade with China. The chipmaker’s sales in the fourth quarter got a $390 million bump from the release of inventory to Chinese customers following a trade restriction placed on Chinese trade by the Trump administration. AMD also expects to bring in $100 million in sales from China in the current first quarter. But Chief Executive Lisa Su tells investors that management is not including sales with China in its longer-term forecasts because the trade situation is “dynamic.” “We’ve submitted licenses for the MI325 and we’re continuing to work with customers and understanding…