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Nvidia, AMD to Pay 15% on China AI Chip Sales in US Deal

Upworthy Monday, 11 August 2025 ()
By Hadriana Lowenkron, Michael Sasso and Ian King, Bloomberg Nvidia Corp. and Advanced Micro Devices Inc. agreed to pay 15% of their revenues from Chinese AI chip sales to the US government in a deal to secure export licenses, an unusual arrangement that may unnerve both US companies and…
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