July 16, 2019 (American Thinker) – Did Santa Clara, Calif. chip-maker Advanced Micro Devices (AMD) put profits ahead of U.S. national security? After reading an exposé in the Wall Street Journal by Kate O’Keeffe and Brian Spegele about AMD, the answer might well be “yes.”
In 2014, AMD’s shares were hovering around $3 per share, with some stock analysts predicting that the company might go into bankruptcy. That’s when Lisa Su was named chief executive. The first thing Su did was travel to Beijing to meet with officials of China’s Ministry of Industry and Information Technology. At that time, a Chinese vice minister urged Su to partner with China “to achieve mutual benefits based on AMD’s technological strength.” From that initial meeting, a relationship developed that led to an agreement two years later. As the WSJ reports:
In February 2016, AMD reached a joint-venture deal involving a leading Chinese supercomputer developer, a state backed military supplier [emphasis mine] called Sugon Information Industries Co., to make chips licensing AMD’s x86 processor technology.
The x86 chips are state-of-the-art, made by only two companies in the world: AMD and Intel Corp. These chips are the most dominant in processor technology found today, so much so that retired Brig. Gen.
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