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Advanced Micro Devices Inc. was already “uncompetitive” in the artificial-intelligence market, according to Bernstein Research. Now the company can’t sell its AI accelerators in China and it faces new pressures on its personal-computer business.
Bernstein analyst Stacy Rasgon said in a note to clients Tuesday that AMD’s
AMD core PC business appears to be exposed to channel effects, stemming from the Trump administration’s tariffs on the global supply chain of goods both made in and shipped to and from China. He said client shipments in the first quarter were higher than they were at the height of the pandemic bubble, as companies stocked up on components to make and ship systems ahead of anticipated tariffs.
This post was originally published on Market Watch
