Trump Allows Nvidia, AMD AI Chip Sales to China with 15% Revenue Cut
Monday, 11 August 2025 () The Trump administration has allowed Nvidia and AMD to resume selling advanced AI chips to China, taking a 15% revenue cut to benefit U.S. taxpayers amid tech rivalry. This pragmatic compromise follows lobbying and prior bans, but faces Chinese scrutiny and concerns over national security risks. Critics warn it may accelerate China's AI advancements.
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 trade deal with the U.S. collapsing amid disputes, China steps up its rhetoric, warning that these...
President Trump has signed an executive order imposing a 25% "penalty" tariff on India for purchasing Russian oil—while taking a noticeably softer stance on China. Despite U.S. dependency on Chinese..
Russia and China have launched joint naval drills near Japan in a direct response to former President Trump’s deployment of U.S. nuclear submarines. The “Joint Sea-2025” exercise features..
Just hours after Trump’s warning of secondary tariffs on China and India, Beijing has responded with bold defiance. China’s Foreign Ministry declared it will defend its energy and economic..
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 Also reported by •BBC News
U.S. President Donald Trump on Monday suggested he might allow Nvidia to sell a scaled-down version of its next-generation advanced graphics processing unit chip... Upworthy
Monday, 11 August 2025 ()
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