Xin Hua Wang·2025-08-15 00:40Core Viewpoint - The U.S. government is compelling chip companies like NVIDIA and AMD to pay 15% of their sales revenue from chip exports to China in exchange for export licenses, raising concerns about the legality and implications of such actions [1][2][3] Group 1: Government Actions and Legal Concerns - The agreement between the U.S. government and NVIDIA/AMD to pay 15% of sales revenue is viewed as a potential violation of the U.S. Constitution, which prohibits export taxes [2] - Experts argue that this arrangement resembles an unprecedented form of taxation on exports, which could set a concerning precedent for other multinational companies [2][3] - The legality of this arrangement has been questioned by various legal and industry experts, suggesting it may constitute an unconstitutional export tax [2][3] Group 2: Implications for Companies - Companies are concerned that this precedent may weaken their negotiating power with the U.S. government, leading to further demands and compromises in future agreements [4][5] - The U.S. Treasury Secretary indicated that the revenue-sharing agreement could be expanded to other industries, raising fears among companies selling strategic products about potential coercion [5] - The situation may create a climate where companies feel pressured to "pay" for export rights, impacting their operational and financial strategies [5]