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Nvidia and AMD to pay 15% of China chip sales revenues to the U.S. government, FT reports

124d ago
Business
CNBC
Nvidia and AMD to pay 15% of China chip sales revenues to the U.S. government, FT reports
Nvidia and AMD will reportedly pay 15% of their China chip sales revenues to the U.S. government, according to a Financial Times report. This arrangement is linked to the ongoing impact of former President Donald Trump's tariffs on the global economy. The move highlights the continued tension and financial implications stemming from trade policies affecting major tech companies operating in the Chinese market.
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