Nvidia And AMD Reportedly Agree To Pay 15% Of China Chip Revenues To Trump Administration For Export Licenses: 'Beijing Must Be Gloating'
Monday, 11 August 2025 () Nvidia Corporation (NASDAQ:NVDA) and Advanced Micro Devices, Inc. (NASDAQ:AMD) have reportedly agreed to pay 15% of their China chip sales revenues to the U.S. government as part of their deal for export licenses. The Unusual Deal Between US Chipmakers And The Trump Administration Nvidia and AMD,…
Trump’s decision to withdraw the U.S. from UNESCO has sparked backlash, with China accusing Washington of abandoning its global responsibilities. Beijing has pledged continued support for UNESCO and..
Japan is set to export six Abukuma-class destroyer escorts to the Philippines in a landmark move aimed at countering China’s growing aggression in the South China Sea. The aging destroyers, in..
President Donald Trump has confirmed a new trade deal with China focused on expediting rare earth shipments to the U.S. After secretive negotiations in London, Beijing has agreed to ease export..