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Trump opens door to sales of version of Nvidia's next-gen AI chips in China
The deal requires Nvidia to share 15% of sales revenue from lower-end AI chips shipped to China with the US government as part of export control compromises.
- Trump negotiated a deal with Nvidia CEO Jensen Huang for selling Nvidia's AI chips in China, emphasizing the need for compliance with US export rules.
- The US government is approving export licenses for chips, with AMD's initial applications cleared, according to the company on Monday.
- Trump indicated potential tariffs on imported chips if companies do not invest in the US, while urging Nvidia to market more advanced chips.
- Morgan Stanley estimates AMD could generate $3 billion to $5 billion in revenue if export restrictions are lifted, according to the company's news release.
86 Articles
86 Articles
U.S. President Donald Trump confirmed Monday reports that U.S. semiconductor giant Nvidia will pay the U.S. 15% of its revenues from sales of certain artificial intelligence chips to China. At a press conference at the White House, Trump argued that the H20 chips Nvidia will sell in China are "obsolete," even though they were subject to restrictions on their export recently. He indicated that to reverse these restrictions, he agreed with Nvidia …
China 'hopes' US takes steps to keep chips' global supply chains 'stable, unimpeded'
Beijing's reaction comes after President Trump confirmed that agreement reached with chip manufacturer Nvidia to pay 15% of revenue from 'H20' chips sold to China to US government - Anadolu Ajansı
Trump Strikes Deal With Nvidia, AMD: Share of China Chip Sales Will Go to U.S. Government
(The National Pulse)—Nvidia and AMD, major chipmakers, have reportedly agreed to allocate 15 percent of their China chip sale revenues to the U.S. government to secure export licenses from the Trump administration. The White House finalized an agreement with Nvidia and AMD, mandating a 15 percent revenue share from their chip sales in China to obtain export licenses for the Chinese market, issued last week. Sources, including a U.S. official, in…
Trump’s unusual Nvidia deal raises new corporate and national security risks, lawmakers and experts say - Hawaii Tribune-Herald
President Donald Trump upended decades of U.S. national security policy, creating an entirely new category of corporate risk, when he made a deal with Nvidia to give the U.S. government a cut of its sales in exchange for resuming exports of banned AI chips to China.
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