US Edition
Nvidia And AMD's Extraordinary Deal For China Access As Inflation Data Looms
CHINA, AUG 11 – Under a new US deal, Nvidia and AMD will pay 15% of AI chip sales revenue in China, with funds supporting US chip research and export control enforcement.
- The White House announced that Nvidia and AMD will share 15% of their AI chip sales revenue from China with the U.S. government in order to enable the resumption of exports.
- This deal followed export bans in April on Nvidia's H20 and AMD's MI308 chips aimed at slowing China's AI development as a strategic rival.
- Nvidia CEO Jensen Huang lobbied for months to secure approval, emphasizing that without these chips China’s AI progress would slow but still continue.
- The arrangement requires detailed sales reports to U.S. authorities and could generate significant revenue for U.S. chip research and export control enforcement.
- This novel model signals U.S. willingness to profit from sensitive exports but raises long-term strategic risks amid China’s rapid AI advancement.
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Total News Sources12
Leaning Left1Leaning Right2Center4Last UpdatedBias Distribution57% Center
Bias Distribution
- 57% of the sources are Center
57% Center
14%
C 57%
R 29%
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