Nvidia, AMD may sell high-end AI chips to China if they pay US a cut
Nvidia and AMD have agreed to pay 15% of their revenue from high-end AI chip sales in China to the U.S. government in exchange for export licenses. The move follows last year’s restrictions and pauses under the Trump and Biden administrations, a U.S. data-center investment pledge and rare-earth element trade talks. National security experts have voiced concerns.