India  
 
NewsR.in

U.S. Government to Take Cut of Nvidia and AMD A.I. Chip Sales to China

NYTimes.com Monday, 11 August 2025 ()
In a highly unusual arrangement with President Trump, the companies are expected to kick 15 percent of what they make in China to the U.S. government.
0
shares		ShareTweetSavePostSend
 

You Might Like


Related news from verified sources

Republican China hawk dings Trump on chips

 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

US chip policy: Nvidia, AMD agrees to share 15% China sales revenue with Washington; deal tied to AI export license

 Nvidia and AMD have reportedly agreed to give 15% of their chip sales revenue from China to the US government to resume sales of specific AI chips. This...
IndiaTimes Also reported by •NaturalNews.com

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 Also reported by •NaturalNews.com