U.S. officials say Nvidia and AMD agree to pay 15% of revenue to the U.S. government in exchange for export licenses
According to Internet reports, according to CCTV News, on the 11th local time, according to the Financial Times, in order to obtain chip export licenses, U.S. chip manufacturers Nvidia and AMD reached a special agreement with the Trump administration. The two companies agreed to turn over 15% of the revenue from chips specially supplied to China to the U.S. government in exchange for export licenses for related products. The Financial Times reported that according to information disclosed by a U.S. official who declined to be named, under the agreement, Nvidia will surrender 15% of its H20 chip sales revenue in China, and AMD also agreed to surrender the same proportion of sales revenue from MI308 chips. People familiar with the matter, including a U.S. official, told the newspaper that the two companies agreed to the financial arrangement in order to obtain an export license to China granted by the U.S. government. People familiar with the matter said the Trump administration has not yet decided how to use the funds. It is reported that the U.S. Department of Commerce has begun to issue export licenses for the China market to the above-mentioned enterprises. In response, Nvidia responded that we abide by the rules set by the U.S. government for our participation in the global market and will continue to provide services to as many customers as possible within the scope of the rules. AMD has not yet made any response.
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