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White House says it's working out legality of Nvidia and AMD China chip deals
"The legality of it, the mechanics of it, is still being ironed out by the Department of Commerce," White House spokesperson Karoline Leavitt said Tuesday.
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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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cnbc.com
Nvidia and AMD to pay 15% of China chip sales revenues to the U.S. government, FT reports
The arrangement comes as President Donald Trump's tariffs continue to reverberate through the global economy.
