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Benzinga
Benzinga
Business
Ananya Gairola

Nvidia And AMD Reportedly Agree To Pay 15% Of China Chip Revenues To Trump Administration For Export Licenses: 'Beijing Must Be Gloating'

Data Center Alley’s Outsized Impact

Nvidia Corporation (NASDAQ:NVDA) and Advanced Micro Devices, Inc. (NASDAQ:AMD) have reportedly agreed to pay 15% of their China chip sales revenues to the U.S. government as part of their deal for export licenses.

The Unusual Deal Between US Chipmakers And The Trump Administration

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