NEW YORK (AP) — Nvidia and AMD agreed to share 15% of their revenues from chip sales to China with the U.S. government, a U.S. government official has confirmed.
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Nvidia and AMD to pay 15% of China chip sale revenue to US government in an unusual agreement
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US will get a 15% cut of Nvidia and AMD chip sales to China under a new, unusual agreement
Nvidia and AMD agreed to share 15% of their revenues from chip sales to China with the U.S. government, President Donald Trump confirmed at a press conference on Monday.
Nvidia, AMD Agree to Pay 15% of China Chip Revenues to US
Nvidia and Advanced Micro Devices have agreed to pay 15% of their China chip revenues to the U.S. government in exchange for export licenses.
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