Donald Trump is letting Nvidia and AMD sell some chips to China — but only if they pay a 15% tax. That’s the opposite of Trump’s tariff push.
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How the world’s most valuable company got caught in the middle of Trump’s spat with China
N vidia, the world’s most valuable company, has found itself caught in the middle of President Donald Trump’s historic trade war with China. The result: an extraordinary concession from a $4.5 trillion corporation that will…
NVIDIA, AMD to Hand Over 15% of China AI Revenue to US Government
The US has sought to maintain its sovereignty in AI, citing national security concerns and financial motivations.
Inside the World’s Largest DJI Flagship Store in Shenzhen, China – Drones, Action Cameras, and Gimbals
Travel with Gilbert and Lilian 🌍✈️ as they explore the world for great sights 🏞️, good food 🍜, and delightful experiences 💫. #TravelWithUs #FoodieAdventures #Wanderlust #CoupleTravel #ExploreTheWo …
State-backed developer China South City gets liquidation order
China South City on Monday became the first state-backed property developer to get a liquidation order from the Hong Kong High Court since the Chinese property sector tipped into a debt …
Top cities signal easing to support property market
Experts said the nation’s four first-tier cities — Beijing, Shanghai, Guangzhou and Shenzhen — will lead the market stabilization and bottoming-out process.
China bans Spanish poultry imports due to bird flu
China has banned imports of poultry and related products from Spain over an avian influenza outbreak, China’s customs administration said in a notice dated August 7 released on its website. Spain’s …
Nvidia, AMD to pay 15% of China chip sale revenue to U.S. government
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. President Donald Trump’s administration had halted the sale of advanced…
Dollar firms ahead of US inflation report, US-China tariff deadline
The U.S. dollar edged higher across the board on Monday, a day before the deadline for Washington and Beijing to strike a tariff deal and the release of a U.S. inflation report that could help…
Pay-to-Play? Trump Slaps 15% “Export Tax” on Big Tech’s China AI Chips
The Trump administration has forced Nvidia and AMD to share their profits in exchange for access to the lucrative Chinese market, creating a radical new playbook for the U.S. tech war. For Nvidia and AMD,
Hong Kong, Shenzhen authorities arrest 12 in fake concert ticket bust
Authorities in Hong Kong and Shenzhen have arrested 12 individuals in a coordinated effort targeting the creation and distribution of fake concert …
The US is taking a cut from chip sales to China – what does it mean?
In a rare move, major chipmaking firms will give the US government 15% of profits from the sale of some advanced semiconductors in China.
Trump considers punitive tariffs, China builds space debris device: SCMP daily highlights
From China’s nationwide childcare subsidy to Chinese miners putting gold over own lives in Africa, here’s a round-up from today’s coverage.
