Nvidia and AMD have agreed to give the U.S. government 15% of revenue from sales to China of advanced computer chips like Nvidia’s H20 that are used for artificial intelligence applications, a U.S.
Monthly Archives For August 2025
U.S. Government to Take Cut of Nvidia and AMD AI Chip Sales to China
Nvidia and Advanced Micro Devices are expected to pay the United States 15% of the money they take in from selling artificial intelligence chips to China, as part of a highly unusual financial …
How brands are tapping into nostalgia for China’s ‘boom era’ on social media
Dwindling job and income prospects in China are fuelling intense social media chatter about the fashion and culture of the 2000s.
Philippines’ Marcos says China ‘misinterpreted’ his comments on Taiwan
Philippine President Ferdinand Marcos Jr. said on Monday that Beijing has “misinterpreted” his comments saying Manila will be inevitably drawn in to a conflict between China and Taiwan should one erupt.
Nvidia, AMD Agree to Share China Revenue With U.S.
Nvidia and AMD will give the U.S. government a 15% cut of the sales of their chips in China, in exchange for receiving export licenses for the Chinese market, The Financial Times reported. The unusual…
Festival expands beyond the Swiss Alps to make Asian debut in Shenzhen
One of the world’s premier classical music events, The Verbier Festival, is embarking on a historic expansion beyond the Swiss Alps, making its Asian debut in Shenzhen, Guangdong province, in late …
Beijing’s anti-involution push won’t be too drastic as it could lead to higher unemployment
Kelvin Tay from UBS Global Wealth Management CIO says China’s involution phenomenon has its cultural root in the Confucianism and addressing the issue would take time and a fine balance given the …
China’s CATL suspends operations at major lithium mine, seeks new license
Chinese battery giant Contemporary Amperex Technology said on Monday it had suspended production at a major lithium mine after its license expired, sparking a surge in lithium futures and miners’ share prices.
BREAKING: China’s Largest Bank Just Got HACKED (ICBC Cyber Attack)
China’s ICBC, the world’s largest bank, was hit by a ransomware attack. This video breaks down the cyberattack, its impact, and what it means for financial security.
Nvidia and AMD reportedly will give U.S. government 15% of their China chip revenues
Nvidia Corp. and Advanced Micro Devices Inc. will give 15% of their chip revenue from sales in China to the U.S. government as a condition of receiving new export licenses, according to a report …
Nvidia, AMD to pay 15% of China chip sale revenues to US, official says
Nvidia and AMD have agreed to give the U.S. government 15% of revenue from sales to China of advanced computer chips like Nvidia’s H20 that are used for artificial intelligence applications, a U.S.
Nvidia, AMD agree to pay 15% of China chip sale revenue to the US
An Nvidia spokesperson said the company follows US export rules, adding that while it hasn’t shipped H20 chips to China for months, it hopes the rules will allow US companies to compete in China. AMD…
Mid-tier premium brands feel the squeeze in China
But mid-tier premium brands bucked the trend. Volvo’s China sales fell 5.9 percent to 59,400 units. Lincoln posted a steep 32.5 percent drop to 33,000 vehicles, while Jaguar Land Rover sold just …
ADVERTISEMENT
