AMD CEO Lisa Su met with Chinese Vice Premier He Lifeng at the Great Hall of the People in Beijing on Monday, pledging to expand AMD's operations and investment in the country days after President Trump's state visit to China. He Lifeng invited multinational companies, including AMD, to deepen cooperation, citing the "balanced and positive" outcomes of the Xi Jinping-Trump summit held May 13th to 15th, according to the Xinhua News Agency.
Su wasn’t part of the executive delegation that accompanied Trump to Beijing, a group that included Apple CEO Tim Cook, Tesla CEO Elon Musk, and Qualcomm CEO Cristiano Amon. Nvidia CEO Jensen Huang was also initially left off the guest list before Trump personally called him and invited him to board Air Force One during a refueling stop in Anchorage. He Lifeng held a separate meeting with Huang as well.
Both AMD and Nvidia received export license approvals for their China-specific chips late last year, with AMD's MI308 and Nvidia's H20 each subject to a 15% revenue fee, but Nvidia has struggled to convert that clearance into actual sales. The company hasn’t completed a single H200 transaction with a Chinese buyer, hampered by both U.S. licensing bottlenecks and Beijing's decision not to allow purchases by domestic buyers.
Following Su’s diplomatic outreach in Beijing, she delivered a keynote at AMD’s AI Developer Day in Shanghai. At the event, she predicted that roughly five billion people worldwide would use AI daily by 2030 and described China as a critical part of AMD's global footprint and “the world’s most dynamic AI ecosystem.” The company employs more than 4,000 engineers across R&D centers in Beijing, Shanghai, Shenzhen, and Taipei.
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