Advanced Micro Devices is a semiconductor company that designs processors, graphics chips, and related computing technologies for personal computers, servers, and embedded systems.
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Tech companies are selling off as fears grow that rising memory chip prices and shortages could hit costs, sales, and inflation.
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Advanced Micro Devices agreed to give the US government 15% of revenue from certain chip sales in China to win export licences, in a deal that has raised security and policy concerns.
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