Amd Says It Doesn't Affect The U.S. Trade War and china
Table of contents:
- Lisa Su of AMD says the situation is; “An opportunity to gain market share”
- The company does not expect a large impact due to the tariffs
AMD Executive Director Lisa Su says technology consumers and industry buyers are increasingly concerned about the US-China trade war, which could have an impact on spending by the chip industry., although it gives some peace of mind for your own business.
Lisa Su of AMD says the situation is; “An opportunity to gain market share”
Manufacturer Texas Instruments said this week there was a slowdown in demand for chips as it forecast weaker sales. However, Lisa Su said that she still does not see a "macroeconomic" problem for the chip sector, but she assured that; "People are more cautious given the business situation . "
Currently, the administration of President Donald Trump established tariffs of 10% on imports from China worth 200, 000 million dollars at the end of September. Trump, in a statement last month, said these rates will rise to 25% on January 1 if an agreement was not reached. The tariffs affect many technology products made in China, including some components and parts related to personal computers.
The company does not expect a large impact due to the tariffs
Tariffs "add complexity to the supply chain , " Su said. Although AMD has some assembly and testing operations in China, the company is from multiple sources and does not expect a material impact from the tariffs.
But Su acknowledged that if companies that manufacture PC components, including motherboards, graphics cards, and chassis, are forced to raise prices due to fees, this could potentially increase the total cost for PC buyers.
During this week, AMD announced revenue of more than $ 1.65 billion for the third quarter, although on Thursday, shares were down 13%. AMD have bounced back from falling shares thanks to rising expectations that it will gain Intel's market share due to its increasingly competitive (Zen) chip technology.
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