In the illustration taken on March 6, 2023, a smartphone with the AMD logo is placed on the computer motherboard.
Florence lo | Reuters
Nvidia and Advanced Micro Devices Has agreed to give the U.S. government a share of revenue Chinathis The Financial Times reportedwith the White House unprecedented arrangements.
According to the UK, the UK bank said that in exchange for 15% of CHIP sales revenue, the two chip makers will obtain export licenses to sell Nvidia’s H20 and AMD’s MI308 chips in China.
The arrangement is as president Donald Trump’s Tariffs continue to reverberate in the global economy, highlighting the White House’s willingness to use exceptions as a tool for bargaining.
NVIDIA CEO Jensen Huang met with Trump last week, according to the UK Bank of England (FT).
“We follow the rules of the U.S. government for participation in global markets,” NVIDIA told the Financial Times in a statement.
Last week, Trump said he would execute 100% tariff Unless the company is “built in the United States”, import semiconductors and chips.
