Trump says Nvidia to give US cut of China chip sales
Wednesday, 13 August 2025 () Washington (AFP) Aug 11, 2025
President Donald Trump on Monday confirmed reports that semiconductor giant Nvidia would pay the United States 15 percent of its revenues from sales of certain artificial intelligence chips to China. Speaking to reporters at the White House, Trump argued that Nvidia's "H20" chips are "obsolete," despite previously being targeted for export restrictions. He said that to lift the restricti
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Credit: euronews (in English) Duration: 01:20Published
Some Republicans are knocking President Donald Trump for an unusual deal that will see the US government take a cut of Nvidia and AMD’s China chip sales, the... Upworthy
(NaturalNews) Nvidia and AMD agreed to pay the U.S. government 15 percent of their China-based chip sales (H20 and MI308 processors) to secure export licenses,... NaturalNews.com
President Donald Trump surprised markets on Monday with a deal that was widely characterized as unusual: Nvidia and AMD will contribute 15% of their chip sales... Upworthy