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…
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Nvidia, AMD agree to pay 15% of China chip sale revenue to the US
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 …
China’s unemployed young adults who are pretending to have jobs
Yet paying companies so you can pretend to work for them has become popular among young, unemployed adults in China. It has led to a growing number of such providers. The development comes amid China’s…
Nvidia, AMD to pay 15% of China chip sale revenues to US: report
Nvidia and AMD have agreed to give the US government 15% of their revenues from chip sales in China, under an arrangement to obtain export licenses for the semiconductors, the Financial Times …
China Reshuffles Soy Trade to Counter Local Glut and US Tensions
China has long worried about its shortage of soybeans, solidifying its status as the world’s biggest buyer to the benefit of farmers from the US to Brazil. But as its economy slackens, the country is…
China outpaces India amid emerging market turmoil; valuation gap hits record $6.3 trillion
According to data from Bloomberg, the MSCI India Index has lagged its Chinese counterpart by nearly 10 percentage points this quarter, marking India’s worst relative annual performance since 2017.
Nvidia and AMD to pay 15% of China chip sales revenues to the U.S. government, FT reports
Nvidia and Advanced Micro Devices have agreed to give the U.S. government a share of revenues from certain chips sold in China, the Financial Times reported, in an unprecedented arrangement with the …
Nvidia and AMD reportedly will give U.S. government 15% of its 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 Income to US, FT Says
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…
Nvidia, AMD to pay 15pc of China chip sale revenues to US government
The quid pro quo arrangement is unprecedented. According to experts, no US company has ever agreed to pay a portion of their revenues to obtain export licences.
Inside the Museum of Contemporary Art – Shenzhen, China 4K
Experience the Museum of Contemporary Art in Shenzhen, China, known for its innovative displays and striking building design.
12 arrested for allegedly selling fake G-Dragon, G.E.M. concert tickets in Hong Kong
Hong Kong and Shenzhen police carried out joint operations to smash cross-border syndicate that scammed victims out of more than HK$100,000.
US-China tariff truce deadline arrives
Plus, Trump to meet Putin in Alaska to discuss Ukraine deal, a first take on second-quarter GDP figures, and US inflation updated …