It seems Chromium insists on being built with clang, and clang does not understand "-mno-abm". Please filter this flag in the ebuild.
The ebuild already calls "strip-unsupported-flags" if the system default compiler is being overridden.
Created attachment 527254 [details] build.log
Apparently that is not enough. See build.log.
Please provide the output of "emerge --info www-client/chromium".
It looks like you have a bunch of flags in CPPFLAGS, and strip-unsupported-flags does not touch that variable. I suggest not setting CPPFLAGS in make.conf. That variable is meant for pre-processor flags, not compiler flags.