AMD CEO Meeting Boosts Hopes for US AI Chip Exports to China
A meeting between AMD CEO Lisa Su and China's Vice-Premier He Lifeng suggests a potential easing of US chip export restrictions, possibly allowing sales of high-end AI chips to Chinese firms. He reiterated Beijing's welcome for foreign investment during the discussion.
A recent meeting between Chinese Vice-Premier He Lifeng and Advanced Micro Devices (AMD) CEO Lisa Su signals a potential loosening of US chip export policies, which could reopen high-end semiconductor sales, including artificial intelligence chips, to select Chinese firms, according to analysts. During their meeting on Monday, He reiterated that Beijing welcomed continued foreign investment, according to Xinhua News Agency. Su praised the outcomes of last weekβs summit between President Xi...