fromLondon Business News | Londonlovesbusiness.com
6 days agoNvidia and AMD have agreed to remit 15% of their AI chip sales revenue in China directly to the US government - London Business News | Londonlovesbusiness.com
This arrangement comes less than two months after Washington eased certain export restrictions on semiconductors to the Chinese market. The deal covers Nvidia's H20 and AMD's MI308 chips, both now prerequisites for securing export licenses, allowing the companies to access a market that remains lucrative despite the new 15% US curb.