Nvidia and AMD have agreed to pay the US government 15% of their revenues from semiconductor sales to China in exchange for export licenses, an unprecedented quid pro quo arrangement aimed at …
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Nvidia, AMD may sell high-end AI chips to China if they pay US a cut
The global AI chip race narrative used to be about U.S. national security, but apparently now it’s about tariffs: Nvidia and AMD have agreed to pay the U.S. government 15% of the revenue they make…
Nvidia, AMD to Pay 15% on China AI Chip Sales in US Deal
Nvidia Corp. and Advanced Micro Devices Inc. agreed to pay 15% of their revenues from Chinese AI chip sales to the US government in a deal to secure export licenses, an unusual arrangement that may…
Digital Finance Forum of Global Digital Economy Conference 2025 … – KTLA
BEIJING, July 7, 2025 /PRNewswire/ — On July 3, the Digital Finance Forum of the Global Digital Economy Conference 2025 was held at the Beijing Banking & Insurance Business Park.
Nvidia, AMD deal with U.S. govt. to share revenue from China AI chips
The United States’ two leading makers of semiconductors that power AI have agreed to pay 15% of their China sales of two chips in exchange for export licenses.
Trump’s Pay-to-Play Chip Deal: Nvidia, AMD to Share China Revenue with U.S. Government
A Groundbreaking and Controversial Arrangement Nvidia (NASDAQ:NVDA) and Advanced Micro Devices (NASDAQ:AMD), two of the world’s leading semiconductor companies, have agreed to an extraordinary deal …
China’s central bank conducts open market operations to back up economy
The headquarters of the People’s Bank of China in Beijing Photo: IC. The People’s Bank of China (PBC), the country’s central bank, conducted seven-day reserve repo operations wort …
Why China’s childcare subsidies may benefit poorer regions – and how they stack up in Asia
But the universal cash transfers could have a bigger impact on consumption levels than the number of births, some analysts say.
Foreign Banks in China Speed Up Shift Toward Premium Retail Services
Standard Chartered Bank China has established priority private wealth management centers in Shanghai, Beijing, and Hangzhou since 2023, focusing on providing asset growth, diversified investment, and …
China’s mega dam project in Tibet on Brahmaputra to see scrutiny over green finance risks
The development on the Yarlung Tsangpo (Brahmaputra) river overlaps with one of the world’s key biodiversity hotspots …
Lenders Seen Scrutinizing China Mega-Dam’s Green Finance Risks
China’s 1.2 trillion yuan ($167 billion) mega-dam in Tibet will face strict scrutiny to access green financing because of the potential environmental and social impacts of large hydropower, according …
Nvidia and AMD to pay 15% of China chip sales to US
Chip giants Nvidia and AMD have agreed to pay the US government 15% of their semiconductor sales in China, the BBC has been told by a source close to the matter. The agreement is part…
Asia markets rise ahead of U.S.-China tariff deadline, Australia hits record high
Asia shares rise on Monday, as investors awaited an announcement on whether the US-China tariff truce will be extended ahead of the August 12 deadline. Market focus shifted to upcoming US inflation …
