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Nvidia and AMD to Pay 15% on China Chip Sales

8/11/2025

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Summary

Story summary

Nvidia and AMD will pay the U.S. government 15% of revenue from chip sales in China for export licenses.
This agreement is a response to President Trump's tariffs, aiming to improve market access.
Nvidia specifically designed the H20 chip to comply with U.S. export restrictions for China.
The arrangement could raise constitutional questions about the legality of export duties.

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Story summary

Nvidia and AMD will pay the U.S. government 15% of revenue from chip sales in China for export licenses.
This agreement is a response to President Trump's tariffs, aiming to improve market access.
Nvidia specifically designed the H20 chip to comply with U.S. export restrictions for China.
The arrangement could raise constitutional questions about the legality of export duties.