Home / Business and Economy / Chip Shipment Bans Reversed, Boosting Tech Giants' Global Ambitions

Chip Shipment Bans Reversed, Boosting Tech Giants' Global Ambitions

Summary

  • Trump admin lifted chip shipment restrictions to China last month
  • Reversal raises hopes for AMD and Nvidia to resume sales in largest market
  • Restrictions threatened billions in revenue for both semiconductor companies
Chip Shipment Bans Reversed, Boosting Tech Giants' Global Ambitions

In a significant development, the Trump administration has lifted its previous restrictions on semiconductor shipments to China. This reversal, which occurred just last month, has raised hopes for tech giants AMD and Nvidia to resume their sales in the world's largest market for semiconductors.

The initial ban, implemented back in April, had threatened to erase billions of dollars in total revenue from both companies. However, the recent policy change has now paved the way for AMD and Nvidia to potentially reclaim their foothold in the lucrative Chinese market.

According to AMD's CEO Lisa Su, the company is eagerly awaiting the approval of the necessary licenses to resume its MI308 chip shipments to China, subject to end-customer demand and supply chain readiness. While the licensing process is still underway, Su expressed optimism that the company will be able to reinstate its presence in the Chinese market in the near future.

Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.

FAQ

The Trump administration had barred shipments of semiconductor chips to China in April, threatening to erase billions of dollars in total revenue from both AMD and Nvidia.
Last month, the Trump administration reversed its course and lifted the restrictions on chip shipments to China, raising hopes that AMD and Nvidia could soon resume sales in the world's largest semiconductor market.
Lisa Su stated that AMD expects to resume its MI308 chip shipments to China as the necessary licenses are approved, subject to end-customer demand and supply chain readiness.

Read more news on