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Nvidia and AMD to pay US 15 per cent cut on China chip sales

City A.M. Monday, 11 August 2025 ()
Nvidia and AMD to pay US 15 per cent cut on China chip salesUS chipmakers Nvidia and AMD have agreed to hand over 15 per cent of their Chinese revenues to Washington in exchange for the green light to resume sales of high-powered AI chips to the country, in what industry analysts have called an “unprecedented” arrangement. The deal, first reported by the Financial Times, applies to Nvidia’s [...]
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