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Nvidia and AMD to Pay 15% of China AI Chip Revenues for US Export Licenses
Nvidia and AMD will pay 15% of their China AI chip sales revenue to the US government to secure export licenses amid trade tensions and national security concerns.
- Nvidia and AMD will pay 15% of their revenues from AI chip sales in China to the U.S. government for export licenses.
- This agreement allows Nvidia and AMD to resume selling their AI chips in China after previous bans due to security concerns.
- Nvidia CEO Jensen Huang met with President Trump to negotiate the terms of this unusual deal, initially proposed at 20%.
- Some U.S. lawmakers express concerns that this arrangement may undermine national security and act as a tax on American companies.
436 Articles
436 Articles
Nebraska Republican: Trump’s Nvidia and AMD China agreement ‘not a good deal’
Rep. Don Bacon (R-Neb.) said Monday evening that President Trump’s unusual agreement with major chipmakers Nvidia and AMD to share some of their revenue from chip sales in China is “not a good deal.” “We’ve got to realize we’re in an intellectual war, a technology war with China, and we’re in an AI [artificial intelligence]... The post Nebraska Republican: Trump’s Nvidia and AMD China agreement ‘not a good deal’ appeared first on Daily Truth Re…
American chipmakers have reached an agreement with the Trump administration to export chips to China.
Under new, unusual agreement, U.S. will get a 15% cut of Nvidia and AMD chip sales to China
Nvidia and AMD have agreed to share 15% of their revenues from chip sales to China with the U.S. government, as part of a deal to secure export licenses for the semiconductors.
US chipmakers Nvidia and Advanced Micro Devices (AMD) will pay the US government 15 percent of the revenue from sales of their chips in China. The deal is unusual and shows that everything is for sale under Trump, according to a stock market analyst.
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