AMD’s Bullish Sales Outlook Tempered by China Concerns
(Bloomberg) -- Advanced Micro Devices Inc., Nvidia Corp.’s closest rival in artificial intelligence processors, said that US restrictions on sales to China will cost $1.5 billion in revenue this year, a warning that clouded an otherwise upbeat outlook. Most Read from BloombergThe Battle Over the Fate of Detroit’s Renaissance CenterNYC Real Estate Industry Asks Judge to Block New Broker Fee LawNJ Transit Strike Would Be ‘Disaster’ for Region, Sherrill SaysVail to Borrow Muni Debt to Ease Ski Reso