US to Take 15% Revenue from Nvidia, AMD China Sales
Industry experts, former government advisers, policy makers, and trade analysts are weighing in on the US government’s new agreement requiring two of the world’s largest chipmakers to pay 15% of their revenue from selling certain advanced semiconductors to China. The arrangement follows a series of shifting policies. Just months ago, the Trump administration had banned the sale of these chips to China, citing national security concerns. That ban was lifted in mid-July, and now the US government is not only allowing sales but also taking a direct cut of the revenue. Critics say this reversal is both confusing and concerning, raising questions about the country’s long-term strategy on technology exports. The chips in question are designed primarily for artificial intelligence applications, an industry that many believe will transform the global economy. Nvidia, the world’s leading chipmaker, recently became the first […]