Intel's White House Advantage: The Only Chip Giant Not Paying The China Tax
While Nvidia Corp. NVDA and Advanced Micro Devices Inc. AMD face a new government-imposed 15% revenue cut on AI chip sales to China, Intel is notably absent from this "China tax" club. That absence isn't luck —it's the result of Intel Corp. INTC CEO Lip-Bu Tan's upcoming White House meeting, which could pave the way for the company to avoid similar penalties and strengthen ties with the U.S. government. A Strategic Meeting At The Top Tan's visit to the White House comes amid scrutiny over his past business ...