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Nvidia, AMD Agree to Pay US 15% of China Chip Sale Revenue

Bloomberg08-11

Nvidia Corp. and Advanced Micro Devices Inc. agreed to pay 15% of their revenues from chip sales to China to the US government as part of a deal with the Trump administration to secure export licenses...

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  • This is highly positive for Nvidia and AMD bcoz ?????  That is why the stocks are rallying . Just goes to show how these stocks are just being manipulated and Wall Street analysts remain silent.
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  • AcidIce
    ·08-11
    This is beyond stupid! So to do your country a disservice by selling restricted Items & Chips to the countries enemies but willing to pay a 15% tax to the government is deemed ok? What nonsense! So it's not about not selling things to China or American "enemies" but the govt comes before the citizens! Make America Worse Forever! Good job. USA will crash as in the Biblical prophecy predicted. Must be dying in Trumps hands.
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  • pufferfish
    ·08-11
    Robbery in the daylight. 
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  • anyhow99
    ·08-11
    Can't stop laughing. Didnt US media been bitching about how China govt attacks their local companies and all the communist shit.  So what's the difference with USA now? So americans where are all your democracy shits now?
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