US chip policy: Nvidia, AMD agrees to share 15% China sales revenue...

US chip policy: Nvidia, AMD agrees to share 15% China sales revenue with Washington; deal tied to AI export license

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Nvidia and AMD have reportedly agreed to give 15% of their chip sales revenue from China to the US government to resume sales of specific AI chips. This arrangement comes after Washington halted advanced chip sales to China in April. Nvidia hopes export control rules will allow America to compete globally.

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