AMD will need an export license for its made-for-China chips which it had hoped could skirt U.S. trade restrictions on semiconductor sales to China, Bloomberg’s Jane Lanhee Lee and Mackenzie Hawkins report. AMD designed the chip to have lower performance than its premium products in order to comply with U.S. export restrictions, but the Commerce Department did not clear the chip for sale in China because it was still too advanced, according to people familiar with the matter.
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