Nvidia and AMD to Pay 15% Revenue Tax on China Chip Sales to U.S.
TL;DR Summary
Nvidia and AMD have agreed to pay 15% of their Chinese AI chip sales revenue to the US government to secure export licenses, a move that reflects ongoing US-China trade tensions and raises concerns about its impact on international relations and the global chip market.
- Nvidia, AMD Agree to Pay US 15% of China Chip Sale Revenue Bloomberg.com
- U.S. Government to Take Cut of Nvidia and AMD A.I. Chip Sales to China The New York Times
- Nvidia and AMD agree to pay 15% of China chip sales to U.S. government The Washington Post
- Nvidia and AMD to pay 15% of China chip sales revenues to the U.S. government, FT reports CNBC
- U.S. government imposes fee on Nvidia, AMD exports to China Axios
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