Nvidia and AMD to pay 15% of China chip sales revenues to the U.S. government, FT reports
CNBC·2025-08-11 06:20A smartphone with a displayed AMD logo is placed on a computer motherboard in this illustration taken March 6, 2023.Nvidia and Advanced Micro Devices have agreed to give the U.S. government a share of revenues from certain chips sold in China, the Financial Times reported, in an unprecedented arrangement with the White House.In exchange for 15% of revenues from the chip sales, the two chipmakers will receive export licenses to sell Nvidia's H20 and AMD's MI308 chips in China, according to the FT.The arrange ...