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Stock impact report

AMD CEO Lisa Su: Trump tariffs could have 'short term' impact on chips [Yahoo! Finance Canada]

Advanced Micro Devices, Inc. (AMD) 
Last advanced micro devices, inc. earnings: 4/28 04:25 pm Check Earnings Report
US:NYSE Investor Relations: ir.amd.com/investor-overview
One of the biggest players in the chip industry isn't ruling out knock-on effects from potential Trump tariffs on semiconductors. "I do think that there could be some short-term impacts," AMD ( AMD ) CEO Lisa Su told me in a Yahoo Finance exclusive on Monday. "I think it's too early to say what the longer-term impacts are. I think we have to look at how things play out over the next number of months." AMD derives 66% of its sales internationally. Its cutting-edge chips are manufactured by behemoth Taiwan Semiconductor ( TSM ). Tariffs could raise the cost of production for AMD and its competitors and likely bleed through to end products such as PCs. Trump told reporters on Sunday aboard Air Force One that his much-anticipated tariff announcement on April 2 would “start” with all countries. Markets had expected a more targeted tariff approach. Advanced Micro Devices, Inc. (AMD) Trump has floated a 15% universal tariff. But a month ago, he suggested he could slap tariffs of Show less Read more
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