US to Collect 15% of Nvidia and AMD China Chip Sales
TL;DR Summary
The U.S. government has struck a deal with Nvidia and AMD to take a 15% share of their revenue from AI chip sales to China, marking an unusual intervention in international business and raising security concerns, as the companies continue to sell chips in a competitive global AI race.
- U.S. Government to Take Cut of Nvidia and AMD A.I. Chip Sales to China The New York Times
- Nvidia and AMD to pay 15% of China chip sale revenues to US government Financial Times
- Nvidia, AMD exports to China will reportedly face 15% fee Axios
- Nvidia, AMD Agree to Pay US 15% of China Chip Sale Revenue Bloomberg.com
- Nvidia and AMD to pay 15% of China chip sales revenues to the U.S. government, FT reports CNBC
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