AMD CEO Lisa Su met Chinese Vice Premier He Lifeng at the Great Hall of the People in Beijing on 18 May 2026. He welcomed AMD and other multinationals to seize China’s development opportunities and deepen mutually beneficial cooperation. He referenced recent US-China leadership engagement and said trade teams achieved overall balanced and positive outcomes. Su stated AMD is willing to keep expanding operations in China and increase investment. The timing followed a Trump state visit to China, where trade concessions were reported but semiconductor export controls were not a major topic. US export restrictions have reshaped AMD’s China strategy, requiring development of modified, less powerful chips.
"AMD CEO Lisa Su sat down with Chinese Vice Premier He Lifeng at the Great Hall of the People in Beijing on Monday, a meeting that underscores how US chipmakers are scrambling to protect their foothold in the world's second-largest semiconductor market even as Washington tightens the screws on technology exports."
"He, a member of the Political Bureau of the Communist Party's Central Committee and China's most senior official for economic and trade affairs, welcomed multinationals including AMD to "seize China's development opportunities and deepen mutually beneficial cooperation." He also referenced last week's summit between President Xi Jinping and President Donald Trump, saying the two leaders had "reached a series of important consensuses" and that trade teams from both sides achieved "overall balanced and positive outcomes.""
"Su, for her part, said AMD is willing to keep expanding its operations in China and increase investment in the country. The message was carefully calibrated: warm enough to reassure Beijing, vague enough to avoid provoking Washington."
"The meeting took place just two days after Trump wrapped up his state visit to China, a trip that produced trade concessions but left the semiconductor export-control regime largely untouched. US Trade Representative Jamieson Greer confirmed that chip export controls were not a major topic during the bilateral talks, a signal that Washington has no intention of relaxing restrictions any time soon."
Read at TNW | Artificial-Intelligence
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