Trump’s Pay-to-Play Chip Deal: Nvidia, AMD to Share China Revenue with U.S. Government
Monday, 11 August 2025 () A Groundbreaking and Controversial Arrangement Nvidia (NASDAQ:NVDA) and Advanced Micro Devices (NASDAQ:AMD), two of the world’s leading semiconductor companies, have agreed to an extraordinary deal with the Trump administration, committing to pay 15% of their China chip sales revenue to the U.S. government to secure export licenses. This arrangement, reported by the Financial Times, marks […]
In an unprecedented show of global consensus, Armenia, Azerbaijan, Israel, Pakistan, and Cambodia have all backed U.S. President Donald Trump for the Nobel Peace Prize. Armenia’s Nikol Pashinyan and Azerbaijan’s Ilham Aliyev jointly credited Trump for brokering a landmark peace deal ending...
In a historic development, U.S. President Donald Trump and Russian President Vladimir Putin will meet in Alaska on August 15 to discuss ending the Ukraine war. The Kremlin calls the summit..
Chinese Ambassador to India Xu Feihong sharply criticizes former President Trump’s aggressive tariff policies, calling him a “bully” using trade warfare to dominate global markets. With India’s..
U.S. President Donald Trump has revealed that his special envoy, Steve Witkoff, may visit Russia on August 6 or 7 — just one or two days before the ceasefire deadline he has set for Moscow. If Russia..
Revenue-sharing deal between Nvidia, AMD and U.S. government covers AI chip sales to China, a key market worth billions for both companies. FOXNews.com
Nvidia and AMD have reportedly agreed to give 15% of their chip sales revenue from China to the US government to resume sales of specific AI chips. This... IndiaTimes
Chipmakers Nvidia and AMD have agreed to pay the U.S. government 15 percent of artificial intelligence (AI) chip sales to China in order to secure export... Upworthy
Monday, 11 August 2025 ()
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