AMD said in April 2025 that a new US export license requirement might bring charges of up to about $800 million
AMD said it completed its initial assessment on Apr 15, 2025 of a new US government license requirement for exporting certain semiconductor products to China, including Hong Kong and Macau, and to D:5 countries, or to companies headquartered or with an ultimate parent in such countries. AMD said the requirement applied to its MI308 products, that it expected to apply for licenses and that there was no assurance they would be granted. AMD said it expected the requirement might result in charges of up to approximately $800 million in inventory, purchase commitments and related reserves. The company reported this in an 8-K, a US company's report of a material event, filed on Apr 16, 2025.1,2,3,4,5
How each figure was checked
- the day AMD completed its initial assessment of the US export license requirementApril 15, 2025; D:5SEC EDGAR, Form 8-K filed Apr 16, 2025 ↗
- the AMD products the export control applies toMI308SEC EDGAR, Form 8-K filed Apr 16, 2025 ↗
- AMD expects to apply for licenses and says there is no assurance they will be grantedno assurance that licenses will be grantedSEC EDGAR, Form 8-K filed Apr 16, 2025 ↗
- the charges AMD expects the export control may result inup to approximately $800 millionSEC EDGAR, Form 8-K filed Apr 16, 2025 ↗
- the day the 8-K was filedApr 16, 2025
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The record
- Company
- AMD (CIK 2488)
- Form
- 8-K
- Accession
- 0000002488-25-000039
- Filed
- Apr 16, 2025
- Period of report
- Apr 15, 2025
- Items
- 8.01 Other events
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