‘We negotiated a little deal’: Trump says Nvidia and AMD will kick back 15% of China chip sales in potentially unconstitutional arrangement
Monday, 11 August 2025 () Nvidia and AMD agreed to share 15% of their revenues from chip sales to China with the U.S. government, President Donald Trump confirmed at a press conference Monday. The Trump administration halted the sale of advanced computer chips to China in April over national security concerns, but Nvidia…
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A Groundbreaking and Controversial Arrangement Nvidia (NASDAQ:NVDA) and Advanced Micro Devices (NASDAQ:AMD), two of the world’s leading semiconductor... 24/7 Wall St. Also reported by •IndiaTimes •Invezz •Upworthy
In a highly unusual arrangement with President Trump, the companies are expected to kick 15 percent of what they make in China to the U.S. government. NYTimes.com Also reported by •Upworthy
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.... Upworthy
Monday, 11 August 2025 ()
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