Lisa Su, AMD’s chief executive, confirmed that China represents roughly 20% of the company’s total revenue. That’s a massive chunk of business to maintain while the US government keeps tightening the screws on chip exports.
Su characterized China as a “very important market” for AMD, emphasizing that the company continues working closely with Chinese customers. The revenue comes primarily from AMD’s PC, gaming, and certain data center divisions, segments where export restrictions haven’t completely shut the door.
The export control maze
Here’s the thing about selling chips to China right now: it’s less of a straightforward business relationship and more of a regulatory obstacle course.
The US government introduced new case-by-case licensing reviews for certain AMD chips starting in January 2026. The MI325X, one of AMD’s advanced AI accelerators, now requires individual approval before it can ship to Chinese buyers. That’s the bureaucratic equivalent of needing a hall pass every time you want to walk to class.
