Nvidia, AMD to give U.S. government 15% of revenue from two AI chips exported to China: Report
story though, because I'm still working through it. Today's top corporate story. Reports say Nvidia and AMD have agreed to give the US government 15% of the revenue that they generate from exporting AI chips to China.In return, the companies will receive export licenses to sell chips in China. The news followed follows a report that meeting between Nvidia CEO Jensen Huang and President Trump at the white House last week, 15% of Nvidia's revenue from selling H20 chips to China could amount to billions of dol ...