Nvidia, AMD to Pay 15% of China Chip Sale Revenues to US Government

Tiger Newspress08-13

Nvidia and AMD have agreed to give the U.S. government 15% of revenues from chip sales in China as part of an unusual arrangement with the Trump administration to secure export licences for the Chinese market granted last week, according to people familiar with the matter, including a U.S. official.

The official said Nvidia will share 15% of H20 chip revenues in China, while AMD will provide the same percentage from MI308 chip revenues. Two sources familiar with the deal said the Trump administration has not yet decided how to use the funds.

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Comments

  • setia100
    08-13
    setia100
    No dividends come 2025. All taken by Trump❗😲
  • Nightmarez3k
    08-13
    Nightmarez3k
    Chinese shouldn't buy any H20 chips because specifically haa trogans and backdoors. Not to mention funding US govt, US companies. If they want to develop their own they need to ban the use of these chips for critical infrastructure.
  • 1D1GnZ
    08-13
    1D1GnZ
    That is what mobsters do. Wherever you do your business, with whomever you do it, part of your revenue - besides of your legal expenses - goes to the racket.
  • Jee Jee Jee
    08-13
    Jee Jee Jee
    This is unlawful, there is no taxes or levy on export goods in US
  • Kcler
    08-13
    Kcler
    When the biggest boss of the country wants to control you, you have to just listen and do their bidding . If not the bigger picture of the business willl be affected. 
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