Advanced Micro Devices denied a report on Friday that it had improperly transferred vital microprocessor technology to Chinese companions.
On Thursday, The Wall Street Journal mentioned that AMD’s 2016 joint project, Tianjin Haiguang Advanced Technology Investment, or THAT, allowed a corporation with ties to the Chinese army to attain a chip era that could raise China’s supercomputer efforts. The story came a week after the U.S. Commerce Department, in particular, banned AMD’s Chinese partners from gaining access to such a U.S. Era, correctly ending the common challenge.
But AMD drove again on Friday morning, pronouncing that the technology used in the joint task did not involve its excessive performance chips and was permitted for sharing by using the Commerce Department.
“The Wall Street Journal tale contains numerous factual mistakes and omissions and does now not portray a correct photo of the joint ventures that AMD entered into with THAT in early 2016,” AMD favorite recommend Harry Wolin said in the announcement. “AMD takes sturdy exception to characterizations within the tale that it did not act well or transparently in creating the joint ventures.”
The newspaper “stands by using its reporting,” spokeswoman Colleen Schwartz said in response to Fortune’s request for a remark.
The tale mentioned retired Brig. Gen. Robert Spalding, a former National Security Council staffer, announced that AMD had shared “th” keys to the kingdom” o” U.S. microprocessor generation. Spalding left the NSC a year after a controversy over an offer he wrote, titled “Th” Eisenhower National Highway System for the Information Age,” “suggesting a central authority-led attempt would become needed to accelerate the advent of 5G Wi-Fi carriers.
AMD diSdiSpalding’slding’saracterization of the technology it shared in the joint under” k” ng. “AM” received no objections from any organization to the formation of the joint ventures or he transfer of technology. This era performs less than different commercially available procedures,” t”e corporation “at”d. “In” truth, before the venturesrenature’s’ormation arose erera’switch, the Department of Commerce notified AMD that the age proposed became not restricted or otherwise prohibited from being transferred.
Given this clean feedback, AMD moved in advance with the joint”t “res.”
“Hey, did you nicely with Chip Enterprise representative and previous AMD employee Patrick Moo?” “Ead. “H”ving recognized AMD for nearly 30 years; I will say its legal branch is the most conservative and risk-averse I have ever worked” “ith,” “e cited on Twitter. “E” ER. Conservative to a fault, losing opportunities and exasperating advertising VPs, CMOs, and”AMD’s “AAMD’sinventory price, which has rocketed up 65% this year, was down 1% in noon trading on Friday.