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 week’s summit between President Xi Jinping and his US counterpart Donald Trump, while affirming AMD’s commitment to expanding its business and increasing investment in China.
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The meeting came days after 17 American business executives accompanied Trump on his state visit to Beijing. Su, who was not part of the delegation, appeared to be “catching up on missed homework”, said Peng Peng, executive chairman of the Guangdong Society of Reform, a think tank affiliated with the provincial government.
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“The US appears to be pulling back on its aggressive tariff war and tech decoupling,” Peng said.
AMD meeting with China’s vice-premier raises optimism on US AI chips
