President Trump signed a deal allowing Nvidia and Advanced Micro Devices to sell AI chips to China, requiring them to pay 15% of revenue to the U.S. government. Some Democrats, including Rep. Sam Liccardo, expressed concerns about linking revenue to national security decisions. Despite bipartisan agreement on limiting chip exports to China, they stress the importance of national security risks posed by Chinese tech competitors. Rep. Ami Bera raised issues regarding U.S. competitiveness and investments in critical minerals, while legislation is being considered to address these concerns.
"I certainly have concerns about what we might call linkage, that is linking revenue to the Treasury to national security decisions. Because you wouldn't want to have compromises made for the purposes of revenue."
"What has often been overlooked are the very significant national security risks that are posed by a future in which Huawei and other Chinese competitors not only distribute the chips, but also the software and platforms that enable AI throughout China and the rest of the globe."
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