Chipmakers Nvidia and AMD to pay 15% of China revenue to US government

Monday, 11 August 2025 (2 days ago)
The unprecedented deal is part of a bargain to secure US export licenses for the Chinese market. Nvidia and AMD have agreed to pay 15% of their revenues from sales of artificial-intelligence chips in China to the US government. The unprecedented deal, first reported by the Financial Times on…

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Bessent sees Nvidia, AMD China agreements as a model for others

(Bloomberg/Daniel Flatley, Annmarie Hordern and Jonathan Ferro) — Treasury Secretary Scott Bessent said the recent deal to allow Nvidia Corp. and Advanced...
Upworthy 59 minutes ago Also reported by •IndiaTimes

Chipmakers Nvidia and AMD to pay 15% of China revenue to US government

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Bessent sees Nvidia, AMD China agreements as a model for others