Nvidia and AMD to pay 15% of their China sales revenue to the US govt
13 days ago
- #AI technology
- #US-China trade
- #semiconductors
- Nvidia and AMD agree to pay 15% of their China semiconductor sales revenue to the US government as part of securing export licenses.
- The agreement highlights the high cost of market access amid escalating tech trade tensions between the US and China.
- Nvidia's H20 chip, developed for the Chinese market, was previously banned but sales are set to resume following lobbying efforts.
- Trade tensions between the US and China have been easing, with both sides relaxing certain export controls and tariffs.
- Nvidia plans to invest in US-based AI infrastructure, including building the first entirely American-made AI supercomputers.