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Nvidia and AMD will reportedly pay 15% of their Chinese revenue to the US government so they can sell AI-capable chips there, despite warnings from security experts
According to the Financial Times, Nvidia and AMD have joined together in an unprecedented trade agreement that will see them pay the US government 15% of revenue from their chip sales in China. In ...
Nvidia and AMD will cut the US government in on revenue from AI chip sales in China.
The Financial Times first reported on this “highly unusual” arrangement that is part of reopening the gate for Nvidia and AMD ...
Dollar steady before inflation report, US-China tariff deadline
The U.S. dollar stabilised on Monday after last week's losses, as markets await Tuesday's key U.S. CPI report for July and ...
Nvidia and AMD reportedly will give U.S. government 15% of their China chip revenues
Nvidia Corp. and Advanced Micro Devices Inc. will give 15% of their chip revenue from sales in China to the U.S. government as a condition of receiving new export licenses, according to a report ...
U.S. Government to Take Cut of Nvidia and AMD A.I. Chip Sales to China
In a highly unusual arrangement with President Trump, the companies are expected to kick 15 percent of what they make in ...
Nvidia and AMD to pay 15% of China chip sales revenues to the U.S. government, FT reports
In exchange for 15% of revenues from the chip sales, the two chipmakers will receive export licenses to sell Nvidia's H20 and AMD's MI308 chips in China, according to the Financial Times. Nvidia CEO ...
Capital Brief8h
Fed official signals support for three rate cuts in 2025
Plus: Former OpenAI researcher raises US$1.5b AI HF with 45% first-half gain; Chinese state media warns Nvidia’s H20 chips pose security risks; Foxtel keeps major US sports in Australia with ESPN deal ...
Second Quarter Earnings Season: Waiting For NVIDIA
Earnings season slows this week, with investors waiting on NVIDIA’s earnings on August 27. Retail sales and inflation ...