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Tuesday, Aug 12, 2025
Outside the box.
Nvidia and AMD Strike Revenue-Sharing Deal to Sell AI Chips in China
Firms to remit 15% of China chip sales revenue to U.S. government under new export agreement
Nvidia and AMD have reached a landmark agreement with the U.S. government to remit 15 percent of revenue from sales of certain advanced AI chips to China.
The deal grants export licences for products previously barred from the Chinese market and could set a precedent for other companies.
President Trump said he initially sought a 20 percent share, describing the outcome as 'a little deal.' The news comes as Trump demands the resignation of Intel CEO Lip-Bu Tan over alleged ties to China, with Tan expected to meet the president to discuss the matter.
Analysts warn the arrangement could weaken the rationale behind U.S. export controls.
The deal grants export licences for products previously barred from the Chinese market and could set a precedent for other companies.
President Trump said he initially sought a 20 percent share, describing the outcome as 'a little deal.' The news comes as Trump demands the resignation of Intel CEO Lip-Bu Tan over alleged ties to China, with Tan expected to meet the president to discuss the matter.
Analysts warn the arrangement could weaken the rationale behind U.S. export controls.
