A Look At Nvidia And AMD's $3 Billion Export “Tax” Deal With Trump

Nvidia AMDSOPA Images/LightRocket via Getty ImagesTwo of the largest companies in the world, Nvidia and AMD, have agreed to pay the U.S. 15% of their revenues from sales of chips and semiconductors to China. This agreement can be viewed as a win-win for technology conglomerates and the U.S. government, as it enables Nvidia and AMD to expand their market share for their products while allowing the U.S. to collect upwards of $3 billion more in incremental revenue from export activities. This novel type of rev ...