Nvidia was the first to announce the extent of the impact of new US export control rules on its business, indicating the need to write off $5.5 billion based on the results of just one quarter. AMD estimated its losses at $800 million, while Intel refrained from providing quantitative estimates. Analysts believe that the latter two companies will lose up to 10% of their specific income per share by the end of the year due to these restrictions.
Image Source: AMD
At least, these are the estimates of JP Morgan representatives. According to them, the minimum decline in the specific income of both companies will be 8%, and in the worst case it will reach 10%. Nvidia, as they assume, should earn about $180 billion in the server segment this year, of which, due to restrictions on the supply of H20 accelerators to China, it will have to sacrifice about $15 or $16 billion.
AMD, in turn, could claim annual revenue of $8 billion due to the supply of computing accelerators and twice as much taking into account the supply of all server products. Its losses due to US sanctions against China could be measured in the amount of $1.5 to $1.6 billion by the end of the current year. In general, both companies will lose from 8 to 10% of their revenue from the supply of components for artificial intelligence systems due to US restrictions on China. Representatives of JP Morgan adhere to a similar forecast.
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