China, NVIDIA and Trump
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Nvidia and AMD agreed to pay the U.S. government 15% of its revenue from the sale of a certain chips to China. Is that legal?
After months of high-stakes diplomacy and a personal plea to the president, the AI giant has secured a crucial license to sell its specialized chips in China.
In a move that has stunned the tech industry, US President Donald Trump’s administration has reached an unprecedented agreement with Nvidia and AMD, requiring the chipmakers to give 15% of profits from their China sales to the US government.
Days after a White House meeting with President Donald Trump, Jensen Huang was being hailed by an audience on a stage in Beijing.
President Trump said Monday that he met with Intel CEO Lip-Bu Tan, days after calling on the chipmaker to resign.
Critics warn that Trump's demands for business leaders to step down, and for the government to take a cut of sales, threaten American-style capitalism.
President Donald Trump revealed he once considered breaking up AI darling Nvidia before learning more about its CEO, Jensen Huang, and the company’s market dominance. The president made the ...