AMD CEO meets China's vice-premier, boosting AI chip import hopes
So, on Monday, Lisa Su, the CEO of AMD, had a chat with China’s Vice-Premier He Lifeng, and it’s got people thinking that the US might start sending AI chips to China soon. Analysts believe that more advanced chips could make their way there in the second half of the year, especially since the US seems to be softening its stance on tariffs and tech issues. This meeting followed a trip to Beijing by 17 US business leaders who were with President Trump, but Su wasn’t part of that delegation. Peng Peng, from a provincial think tank, described their conversation as “catching up on missed homework.” He Lifeng also expressed that China is still open to foreign investments, as reported by Xinhua News Agency.
Key facts
- AMD CEO Lisa Su met with China's Vice-Premier He Lifeng on Monday.
- Analysts say 'relatively advanced' AI chips will enter China in the second half of the year.
- The US is 'pulling back' on tariff war and tech decoupling, according to analyst Peng Peng.
- The meeting followed a state visit by 17 American business executives with President Trump.
- Su was not part of the delegation accompanying Trump.
- Peng Peng called Su's meeting 'catching up on missed homework.'
- He Lifeng said Beijing welcomes continued foreign investment.
- The meeting was reported by Xinhua News Agency.
Entities
Institutions
- AMD
- Xinhua News Agency
- Guangdong Society of Reform
Locations
- China
- Beijing
- United States