AMD Reaches 20% Revenue from China While Maintaining U.S.-Approved Joint Venture and Expanding R&D
AMD employs over 4,000 engineers in China and maintains a royalty-free license with Tongfu Microelectronics that processed $1.5 billion in purchases last year.
thehindubusinessline.comAdvanced Micro Devices has deepened its manufacturing and research ties with China even as 20 percent of its total revenue now originates there. The Santa Clara, California-based company employs more than 4,000 engineers at research and development centers across multiple Chinese cities and operates a Beijing office whose exterior logo was photographed on November 11, 2025.
AMD CEO and president Lisa Su met Vice Premier He Lifeng in May 2026 at the Great Hall of the People in Beijing.
During that meeting Su stated that AMD would expand operations and investments in China. She has visited the country at least four times since 2024. In 2024 AMD launched the China AI Application Innovation Alliance, which grew beyond 100 Independent Software Vendor members in its first year.
The company separately announced a long-term infrastructure agreement with Meta in February. AMD’s relationship with Chinese partners dates to 2016, when it licensed technology to THATIC and Hygon. S.
Entities List in 2019. At the time AMD stated that no new technology licenses were planned with those partners. Also in 2019 AMD formed a joint venture with Tongfu Microelectronics that granted the Chinese packaging firm a permanent, irrevocable, royalty-free license to AMD intellectual property.
U.S. Bureau of Industry and Security placed Tongfu on its approved list of outsourced semiconductor assembly and test providers; because the existing license predated the list, the bureau did not restrict the arrangement. The license carries no expiration date.
Com reported that no other supplier can currently handle this volume of AMD’s core processor lines. Nvidia, also headquartered in Santa Clara, became the first company to reach a $5 trillion market value in October 2025. In May President Donald Trump traveled to China with a delegation that included Nvidia CEO Jensen Huang to meet Chinese President Xi Jinping.
Huang told reporters that Trump had personally asked him to join the trip after Huang was initially omitted from the White House invitation list. The same month an agreement between the United States and China permitted Nvidia to sell its H200 AI chips to approved Chinese companies, though Chinese regulators later sought stricter oversight of the product.
