Nvidia, AMD agree to pay US 15% of revenue from sales of AI chips to China
Nvidia chief executive Jensen Huang met with US President Donald Trump at the White House last week and agreed to give the US government a 15 percent cut of Nvidia’s revenues from chip sales to China, according to media reports Sunday. The US has been restricting which chips Nvidia and its US rival AMD can export to China on national security grounds.
Nvidia chief executive Jensen Huang met with US President Donald Trump at the White House last week and agreed to give the US government a 15 percent cut of Nvidia’s revenues from chip sales to China, according to media reports Sunday. The US has been restricting which chips Nvidia and its US rival AMD can export to China on national security grounds.
