AMD Blocked From Selling Powerful AI Chip to China Due to New Export Restrictions
- AMD blocked by U.S. from selling specialized AI chip designed for China
- Chip was still too powerful despite efforts to weaken it to comply with export restrictions
- Restrictions introduced in 2022 to limit China’s military use of AI
- AMD trying to expand presence in China but faces obstacles
- Major Chinese AI firms like Tencent and Baidu have stockpiled enough chips to last 1-2 years