Nvidia Must Pay US 15% from China Chip Sales
Nvidia Corp. and AMD agreed to pay 15% of their money from chip sales to China to the US government in a Trump deal...
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Nvidia and AMD reached an agreement with the US government about selling chips to China. The companies must pay 15% of their sales money to the US government. This deal happened during the Trump administration.
The agreement helps both companies get licenses to sell chips to China. The US government wants to control technology exports to China. The US is concerned about China using advanced chips for military purposes.
The 15% payment is a new way to manage technology sales. Both companies are major chip makers. They produce graphics cards and computer processors.
The deal shows the difficult situation between US and China technology competition. Companies must follow government rules to sell internationally. The agreement allows some business with China but with restrictions.