Nvidia, AMD may sell high-end AI chips to China if they pay US a cut

AI Chip Battle: Nvidia & AMD Strike Deal with US on China Sales

Companies agree to 15% revenue share for access to lucrative Chinese market

The global race for AI dominance is taking a surprising turn, shifting from national security concerns to tariff negotiations. Nvidia and AMD have reached an agreement with the U.S. government that involves paying 15% of their revenue generated from high-end AI chip sales to China in exchange for licenses to continue operating in the country.

According to anonymous sources cited by the Financial Times, this deal marks a new chapter in the increasingly complex geopolitical landscape surrounding artificial intelligence technology.

The agreement underscores the immense economic significance of the Chinese market for these companies, despite ongoing tensions between Washington and Beijing.

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