AMD chief Lisa Su commits to deeper China investments after MIIT meeting
Lisa Su, chair and chief executive of Advanced Micro Devices (AMD), on Wednesday met the Chinese minister of industry and information technology (MIIT), where she affirmed the US chipmaker’s “commitment to deepening its investments” in China, the ministry said. On her second day of a China trip, Su exchanged views with MIIT head Li Lecheng…
On her second day of a China trip, Su exchanged views with MIIT head Li Lecheng on “strengthening cooperation in the digital economy and artificial intelligence sectors”, according to a statement issued by MIIT on Wednesday.
Su reportedly thanked the MIIT for its support of AMD’s development in China, affirming the company’s “commitment to deepening its investments in the country and strengthening cooperation to jointly promote industrial innovation and development”.
Li, meanwhile, noted that China would offer “greater cooperation opportunities to foreign enterprises including AMD”. He also expressed hope that AMD would continue deepening its engagement in the Chinese market.
The MIIT statement came after US President Donald Trump, who recently eased export controls on Nvidia’s H200 chips, also signalled a relaxing of restrictions on other US chip companies including AMD and Intel.
