Has AMD's Special Supply Chip Resumed Sales? AMD CEO Lisa Su: License Has Not Been Approved

Lisa Su

Tech news from Phoenix Network, Beijing time August 6, according to Bloomberg News, AMD warned on Tuesday that it will take some time for the chip supply chain in China to recover, casting a shadow over its overall optimistic AI business prospects.

During Tuesday's earnings call, AMD executives refused to predict the sales situation of its Instinct MI308 AI processor specifically designed for the Chinese market.

AMD CEO Lisa Su stated: "We appreciate President Trump's efforts to ensure that American technology maintains a core position in global AI infrastructure. We expect to resume shipping MI308 after obtaining the necessary license, subject to customer demand and supply chain preparedness. Since our license is still under review, we do not anticipate any MI308 revenue in our third-quarter guidance."

Lisa Su expressed optimism about the overall AI computing market. During the call, she stated: "Looking ahead, we see a clear path to scale up our AI business to hundreds of billions of dollars in annual revenue." She also mentioned that AMD is improving its next-generation MI350 series products.

Due to uncertainty surrounding chips for the Chinese market, AMD's stock price plummeted by over 5% during after-hours trading, but recovered some of the losses during the call. As of the end of the day, AMD's year-to-date share price has risen by 44%, making it the best-performing semiconductor stock.

AMD's second-quarter revenue grew 32% year-over-year to $77 billion, exceeding analyst estimates of $74.3 billion. AMD expects third-quarter revenue to be around $87 billion, surpassing analyst estimates of $83.7 billion.(Author/Rainbow)