AMD ‘Doing Quite a Bit’ to ‘Adjust’ Its Supply Chain to Lower Tariff Exposure
Advanced Micro Devices is “monitoring the tariff situation very closely,” but “we don't see anything material” in the “overall impact,” said CEO Lisa Su on a Wednesday-evening earnings call. “We are doing quite a bit to adjust our supply chain,…
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as I'm sure many others are,” she said. “We already had a supply chain that was highly multisourced, and so that's very helpful.” Computing and graphics revenue, the biggest portion of Q3 sales, rose 12 percent to $938 million from the year-ago quarter but declined sequentially. "The quarter-over-quarter decline was due to significantly lower graphics revenue driven by high channel inventory," AMD reported. The stock closed down 15 percent at $19.27.