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Nvidia and AMD to pay 15% of China chip sale revenues to US government
Chipmakers agree to unusual arrangement to secure export licences from Trump administration
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ft.com
US licenses Nvidia to export chips to China after CEO meets Trump
Jensen Huang personally lobbied president after he reversed course on sale of H20 chips
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China wants US to relax export controls on chips as part of trade deal
Experts warn dropping restrictions would give Beijing a competitive advantage in artificial intelligence
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FirstFT: Nvidia and AMD to pay portion of China chip sale revenues to US government
Also in today’s newsletter, Europe urges Trump to use sanctions pressure against Russia, and rice prices plunge to 8-year low
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scmp.com
Nvidia, AMD to pay 15% of China chip sale income to US, Financial Times reports
The US had frozen the sale of some advanced chips to China earlier this year as trade tensions spiked between the two countries.
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Nvidia and AMD to pay 15% of China chip sale revenues to US government
Chipmakers agree to unusual arrangement to secure export licences from Trump administration
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China has its own concerns about Nvidia H20 chips
Beijing’s investigation is a reminder that Trump isn’t the only leader with a habit of capricious decision making
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Trump opens door to Nvidia selling advanced AI chips to China for a fee
US president confirms he negotiated ‘a little deal’ with chipmaker’s chief Jensen Huang
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FirstFT: Trump to consider allowing Nvidia sales of advanced AI chips to China
Also in today’s newsletter, US president deploys National Guard to Washington, and CATL suspends Chinese lithium mine
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Beijing demands Chinese tech giants justify purchases of Nvidia’s H20 chips
Regulators ask companies including Alibaba and ByteDance why they do not use domestic alternatives
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Trump’s pay-to-play economy
America’s export tariff on Nvidia and AMD chips sets a troubling precedent
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Scott Bessent floats rolling out export tax to more industries
US Treasury secretary says Nvidia revenue-sharing agreement could be a model