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News

US will get a 15% cut of NVIDIA and AMD chip sales to China

Fast Company · 27m
Why Nvidia and AMD’s China pay-to-play deal with Trump could backfire
Why Nvidia’s and AMD’s China deal with Trump could backfire. The companies making the most money from the AI boom are the ones selling the processors, such as Nvidia and AMD.
Associated Press News on MSN · 2d
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.
CNBC on MSN · 19h
What experts say about Nvidia and AMD paying the U.S. government 15% of China AI chip sales
Nvidia and AMD have agreed to pay 15% of revenue from chip sales to China to the U.S. government. That has sparked a debate about whether the move could impact the chip giants’ business and whether Washington might seek out similar deals.
Cryptopolitan on MSN3h

Nvidia partner Foxconn reports strong surge in AI server sales

Hon Hai Precision Industry (Foxconn) reported a 27% increase in Q2 profits, driven by sales in its AI server business. The ...
15h

Letter: China’s Communist party is real Nvidia deal beneficiary

Nvidia and AMD may well be willing to accept a 15 per cent kickback as the cost of doing business in Trump’s Washington. But as American companies that generate the plurality of their revenue in the ...

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