15% of revenue from Chinese chips do not have a significant impact on AMD. Citigroup maintains a "neutral" rating on AMD.
According to the Zhtng Financial APP, despite market reports that AMD (AMD.US) has agreed to hand over 15% of its chip sales revenue in China to the US government, Citigroup believes that this will not have a significant impact on AMD's profitability. Citigroup maintains a "neutral" rating on AMD with a target price of $180.
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