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Nvidia and AMD to pay U.S. 15% of China chip sale revenues, official says

Upworthy Monday, 11 August 2025 ()
Nvidia NVDA-Q and AMD AMD-Q have agreed to give the U.S. government 15 per cent of revenue from sales to China of advanced computer chips like Nvidia’s H20 that are used for artificial intelligence applications, a U.S. official told Reuters on Sunday. U.S. President Donald Trump’s administration…
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