Nvidia and AMD to pay 15% of China chip sales revenues to the U.S. government: Report

Market Concerns & Government Regulations - Chinese state media expresses concerns over Nvidia's H20 chip, questioning its safety for China [1] - Nvidia faces allegations of installing backdoors in its chips as a condition for US government easing export curbs [2] - Export restrictions on H20 to China were initially imposed on national security grounds but later reversed by the Trump administration [2] Financial Implications & Export Controls - Reports suggest Nvidia and AMD may pay the US a 15% cut of revenues for China AI chip sales, including Nvidia's H20 and AMD's MI308 [3] - China is reportedly pushing for relaxation of export controls on advanced high bandwidth memory chips as part of tariff pause extension discussions [3] Company Statements - Nvidia denies having backdoors in its chips that would allow remote access or control [4] - Nvidia acknowledges following US government rules for participation in worldwide markets, without directly denying the 15% revenue cut [4]