Nvidia and AMD reportedly agree to pay 15% of China chip sale revenues to US | Technology
NVIDIA and AMD agreed to give the US government 15% of their flea sales income in China, as part of an unprecedented arrangement to obtain export licenses for semiconductors, the Financial Times said on Sunday.
The share of income applies to NVIDIA H20 fleas and AMD MI308 chips, according to the report, quoting an American official, noting that the Trump administration had not yet determined how to use money.
Flea manufacturers have agreed with the counterpart agreement as a condition for obtaining export licenses for the Chinese market that was granted last week, according to the anonymous official.
According to export control experts, no American company has ever agreed to pay part of its income to obtain export licenses, the newspaper reported. But Donald Trump encouraged businesses and countries to invest in the United States to, in his words, “buy” the rate rates he imposes.
Nvidia follows the rules that the US government establishes for its participation in Worldwide Markets, Nvidia spokesperson told Reuters in a statement sent by email. “Although we have not shipped H20 to China for months, we hope that the export control rules will allow America to compete in China and the world.”
AMD did not immediately respond to a request for comments.
The US trade department began to issue licenses to Nvidia to export H20 chips to China last week, removing an important obstacle to Bellwether’s artificial intelligence to a key market.
The United States has reversed an April ban on the sale of the H20 chip at China. The company had adapted the microprocessor especially on the Chinese market to comply with the export orders for the AI chips of the Biden era.
