U.S. Revenue Grab on Chip Exports Raises Legal, Economic Alarms

reason.com/2025/08/11/u-s-revenue-grab-on-chip-exports-raises-legal-economic-alarms

Nvidia, which makes up 92 percent of the global GPU market, and Advanced Micro Devices (AMD), which has the remaining 8 percent, have reached a deal with the Trump administration. They'll get export licenses for the sale of certain chips to China in exchange for 15 percent of the revenues…

This story appeared on reason.com, 2025-08-11 16:31:40.
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