Nvidia and AMD to pay 15% of China chip sales to U.S. government
TL;DR Summary
Nvidia and AMD have agreed to pay the US government 15% of their revenue from AI chip sales in China to secure export licenses, amid ongoing export restrictions.
- Nvidia, AMD agree to pay U.S. government 15% of A.I. chip sales to China The Washington Post
- U.S. Government to Take Cut of Nvidia and AMD A.I. Chip Sales to China The New York Times
- Chip giants Nvidia and AMD to pay 15% of China revenue to US BBC
- U.S. government imposes fee on Nvidia, AMD exports to China Axios
- Nvidia and AMD to pay 15% of China chip sales revenues to the U.S. government, FT reports CNBC
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