U.S. adds AMD partner and other Chinese tech companies to export blacklist

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U.S. adds AMD partner and other Chinese tech companies to export blacklist
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The U.S. Commerce Department barred five more Chinese entities from buying American-made products.

AMD President and Chief Executive Lisa Su attends a launch event at the Fair Market in Austin, Texas, in 2016. Su said at a recent conference in Taiwan that AMD would not license its newer technologies to Chinese companies.

In a statement Friday, the Commerce Department said the entities were part of China’s efforts to develop supercomputers. It said they raised national security concerns because the computers were being developed for military uses or in cooperation with the Chinese military.“While Huawei gets attention, the most important sector for U.S.

Lisa Su, AMD’s chief executive, said at a recent conference in Taiwan that AMD would not license its newer technologies to Chinese companies. “Sugon is going to be pinched,” said Anand Srinivasan, an analyst at Bloomberg Intelligence. “The THATIC joint venture may have been to grease AMD’s entry into China. It was to appease the Chinese to give them a bit of intellectual property to expand their capabilities. For AMD, it is a high-margin business, but it is not material.”

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