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Trade war

US chipmaker AMD sees no new tech transfers with China partner

CEO Lisa Su says joint venture remains intact amid trade war

AMD formed the Chinese joint venture in 2016 in a licensing agreement worth $293 million. (Photo courtesy of AMD)

TAIPEI -- U.S. chipmaker Advanced Micro Devices has no plans for new technology licenses to its Chinese state-controlled joint venture partner, its chief executive said Monday, indicating for the first time that the partnership will not extend beyond the first-generation technology amid the trade war between Washington and Beijing.

"We are not discussing any additional technology transfers," CEO Lisa Su said in Taipei on the sidelines of the Computex tech expo and trade show.

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