NVIDIA and AMD will pay 15% for the right to sell to China in Trump’s AI chip tax — “America cannot repeat 5G and lose telecommunication leadership”
On August 10, as reported by Financial Times, it was disclosed that both NVIDIA and AMD have consented to remit 15% of their earnings from selected AI accelerator sales – the NVIDIA H20 and the AMD MI308 – to the U.S. government for sales made to China.