Artificial Intelligence
Nvidia, AMD to pay 15% of China chip sale revenues to US, official says

US Tech Giants Hand Over 15 percent of Chinese Chip Sales to Washington
VERIFY MEDIA
What’s Happening?
In a groundbreaking move, Nvidia and AMD have struck a deal to offtr a significant chunk of their earnings. The US government will receive 15% of the revenue from sales of advanced artificial intelligence chips to China, according to a high-ranking U.S. official. This agreement, aimed at curbing technology transfer and safeguarding national security, marks a pivotal moment in the global tech landscape.
Where Is It Happening?
The agreement impacts US tech companies and their sales to China, but affects global tech supply chains and international relations.
When Did It Take Place?
The agreement was disclosed through sources near the end of June 2024.
How Is It Unfolding?
– Nvidia and AMD will distribute 15% of income from sales of advanced AI chips.
– This affects top-tier chips like Nvidia’s H20.
– USA claims this measure aims at steadying national security.
– Expect further negotiations to arise in trade policy.
Quick Breakdown
– 15% revenue share for US from Nvidia and AMD’s products sold in China.
– Chips designated include AI-focused ones like the Nvidia H20.
– Effort to curtail technology transfer.
– Anticipated to shape global trade talks and future chip sales.
Key Takeaways
This move will likely affect relations between the US and China. It reveals the importance of regulating access to critical technologies. By ensuring another 15% of sales go to US rather than the company’s earnings, this indicates a risk of restricted innovation due to new forms of taxation. This showcases the USA’s determination to protect its technological edge and prevent any potential military advancements by China. Ultimately, these negotiations will likely mold the next era of global trade and technology collaboration.
This agreement sets a dangerous precedent where governments can impose revenue shares on private companies’ sales. However, preserving national security must come first in dealings with China.
– Alice DOBSON, Cybersecurity Expert
Final Thought
The compromise between hard. This agreement, while aimed at bolstering US security, may very well set a precedent for future trade negotiations and technology oversight.
Source & Credit: https://www.reuters.com/world/china/nvidia-amd-pay-15-china-chip-sale-revenues-us-official-says-2025-08-10/
Artificial Intelligence
Bitcoin-Miner MARA Said to Near $168 Million Deal for EDF Unit
Artificial Intelligence
GitHub CEO Thomas Dohmke steps down to launch new startup
Artificial Intelligence
Nvidia, AMD AI Deal, Intel CEO to Meet Trump | Bloomberg Tech 8/11/2025
-
New York2 weeks ago
Yankees’ Aaron Boone Makes Cody Bellinger Statement After Aaron Judge Injury
-
New York1 week ago
Today in History: Investigation into Andrew Cuomo released
-
New York1 week ago
Small quake shakes the New York area. USGS says magnitude was 3.0
-
Chicago1 week ago
ESPN Provides Strong Response After Chicago Sky Pushed To ‘Shut Down’ Angel Reese
-
Chicago1 week ago
Chicago Sky HC Makes Dissatisfaction Clear Amid 1-10 WNBA Collapse in Angel Reese’s Absence
-
Houston1 week ago
Why isn’t Dustin May starting on Sunday for the Red Sox?
-
Austin1 week ago
Who Is Austin Drummond? What to Know About Quadruple Homicide Suspect
-
Houston1 week ago
CJ Stroud’s Mom Shows Uplifting Gesture to Houston Women After Sharing Texans QB’s Struggle