Well, Andrew, Beijing has been messaging that the H20, which is a chip that China has had wanted, um, is potentially bad for the country. In a series of posts, the state media uh, social media uh, linked account linked to, um, state TV has been arguing that China should not buy this chip. Uh, Yuan Tenan called the H20 far from safe for China.It says that Nvidia needs to substantiate its claims that it has no so-called backdoors. It alleges that installing back doors is a condition by the US government to ea ...

Nvidia is reportedly to share 15% of its H20 AI chip sales to China with the U.S. government. (Photo by Justin Sullivan/Getty Images)Getty ImagesKey Takeaways Nasdaq Hits Record High As Broader Markets Post Weekly Gains Earnings Growth Doubles Revenue Gains, Raising Sustainability Questions Nvidia, AMD Agree To Revenue-Sharing Deal On China AI ChipsMarkets closed up on the week with the Nasdaq ending higher by 3.9% and closing at a record high. The S&P 500 added 2.4% and is within striking distance of its a ...

ToplineShares of Nvidia and AMD fell in premarket trading early on Monday, after reports said both companies have agreed to pay 15% of the revenue generated on AI chip sales to China to the U.S. government, as part of an unconventional deal with the Trump administration to secure export licenses.Nvidia has reportedly agreed to pay the U.S. government 15% of the revenue its generates from H20 AI chip sales to China.VCG via Getty ImagesKey FactsAccording to the Financial Times, which first reported on the mat ...