Analyst unveils surprising AMD stock price target after chip export curb
The U.S. has tightened restrictions on AI chip sales to China. Here’s what could be next for AMD.
Advanced Micro Devices (AMD) is under new pressure after the company warned of rising costs tied to the Trump administration’s latest restrictions on exports of high-end processors to China.
The new curb targets AI chips such as AMD’s MI308 and Nvidia’s (NVDA) H20, which were designed to comply with earlier U.S. trade restrictions under the Biden administration. Both were meant to keep pace with regulations while preserving sales to a key market.
