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Financial Times: In order to obtain an export license to China, Nvidia and AMD agreed to "pay" 15% of revenue to the U.S. government

According to online reports, the British "Financial Times" reported on August 11 that American chip companies Nvidia and AMD have agreed to "pay" 15% of their chip sales revenue in China to the U.S. government in exchange for export licenses issued by the Trump administration. U.S. officials said Nvidia will "share" 15% of its revenue from selling H20 chips in China, and AMD will also turn over the same proportion of its MI308 artificial intelligence (AI) chips to the U.S. government. The report pointed out that this practice of asking companies for part of their income in exchange for export licenses is unprecedented. (Observer Network)

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