AMD CEO Says She Sees ‘Positive Signals,’ Easing Investor Fears

Advanced Micro Devices Inc. Chief Executive Officer Lisa Su said the chipmaker has seen positive signs in demand for all its products and is making progress on getting US government approval to return to the China market.

Su told Bloomberg Television that investors shouldn’t be distracted by the near-term complications of trying to navigate Chinese export restrictions — and should focus on the underlying strength in all of the company’s markets. Concerns about AMD’s ability to sell chips in China had weighed on the stock Wednesday, sending the shares down as much as 9.5%.