Monday, 11 August, 2025
Nvidia & AMD to Remit 15% of China AI Chip Sales Revenue to U.S. Government
Nvidia and AMD have struck a rare deal with the U.S. government: they will pay 15% of revenue from AI chip sales in China—specifically from Nvidia’s H20 and AMD’s MI308—in exchange for export licenses. The arrangement reverses earlier restrictions on H20 sales and comes amid escalating tech tensions between Washington and Beijing. Executed under the Trump administration, the move marks an unprecedented revenue-sharing mechanism tied to U.S. export controls.
Read full story at Economic Times