Nvidia to pay US 15 pct of AI chip sales to China: Reports

Business

NEW YORK U.S. semiconductor giants Nvidia and Advanced Micro Devices have agreed to pay the United States government 15 percent of their revenue from selling artificial intelligence chips to China , according to media reports. Nvidia CEO Jensen Huang met with U.S. President Donald Trump at the White House last week and agreed to give the federal government the cut from its revenues, a highly unusual arrangement in the international tech trade, according to reports in the Financial Times,

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