Just a day after AMD took a $800 million inventory charge because of the U.S. export controls and projections of a $1.5 billion total loss, the company's chief executive, Lisa Su, said that there must be a balance between the U.S. export controls on advanced processors and national security. China is the world's largest market and represents massive opportunities for American companies. Furthermore, if U.S. companies leave it, local entities will develop standards that compete with American ones.
"There should be a balance between export controls for national security as well as ensuring that we get the widest possible adoption of our technology," Su said in an interview with CNBC. "That is a good thing for U.S. jobs in the U.S. economy."
