Chipmakers pay US 15% China revenue

bbc.com

Nvidia and AMD will pay 15% of their China revenue to the US to secure export licenses for advanced chips. This agreement allows the chip giants to resume sales of specific AI chips, like Nvidia's H20, to China after previous bans over security concerns. The deal occurs amid easing US-China trade tensions, with both nations relaxing some economic restrictions and major tech companies increasing US investments.


With a significance score of 6, this news ranks in the top 0.2% of today's 26307 analyzed articles.

Get summaries of news with significance over 5.5 (usually ~10 stories per week). Read by 10,000+ subscribers: