NEWS

    How a US company risked its country’s national security selling tech to China

    Updated: July 17, 2019 at 4:26 pm EST  See Comments

    Originally Published on This Site

    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.

    The remainder of this article is available in its entirety at LifeSite News

    The views expressed in this news alert by the author do not directly represent that of The Christian Journal or its editors

    Share Your Thoughts

    avatar
    A Quick Note…

    Already a subscriber? Login to remove advertisements. Not a subscriber? Join the Christian Journal and gain access to hundreds of presentations and exclusives that cover today's events and how they impact you, your life, and your soul. All while supporting independent Christian researchers trying to make a difference.