US to take 15% cut of AI chip sales to China

theweek.com/business/nvidia-trump-ai-chips-china

What happened
Nvidia and AMD have agreed to pay the Trump administration 15% of their revenue from selling artificial intelligence chips to China, the Financial Times and other news organizations reported Sunday.
President Donald Trump in April had banned Nvidia and AMD from selling…

This story appeared on theweek.com, 2025-08-11 16:24:49.
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