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Bessent Sees Nvidia, AMD China Agreements

Nvidia and AMD will give US 15% of China sales. But Chinese state media warns about their chips

Nvidia and AMD have agreed to pay the US government 15% of their revenues from semiconductor sales to China in exchange for export licenses, an unprecedented quid pro quo arrangement aimed at solidifying America’s AI business dominance while maintaining trade ties with China.

The Washington Post · 2d

US will get a 15% cut of Nvidia and AMD chip sales to China under a new, unusual agreement

Nvidia and AMD agreed to share 15% of their revenues from chip sales to China with the U.S. government, President Donald Trump confirmed at a press conference on Monday

Bloomberg on MSN · 1d

Bessent Sees Nvidia, AMD China Agreements as a Model for Others

Treasury Secretary Scott Bessent said the recent deal to allow Nvidia Corp. and Advanced Micro Devices Inc. to resume lower-end AI chip sales to China, on the condition they give the US government a 15% cut of the related revenue,

Benzinga.com23d

Nvidia Stock Slides As $500B Stargate AI Venture Reportedly Stalls

What To Know: The pressure follows reports that Stargate, the ambitious $500 billion AI infrastructure joint venture between SoftBank and OpenAI, is facing significant delays and has scaled back ...

Hosted on MSN28d

U.S. Reverses Nvidia AI Export Ban as China’s DeepSeek Closes AI Gap ...

Back in April, the U.S. government banned Nvidia’s H20 AI exports to China. As of July 15, the government has reversed its decision. The company is now legally allowed to file for export licenses.

VentureBeat16d

Positron believes it has found the secret to take on Nvidia in AI ...

As demand for large-scale AI deployment skyrockets, the lesser-known, private chip startup Positron is positioning itself as a direct challenger to market leader Nvidia by offering dedicated ...

TweakTown24d

NVIDIA's new B30 AI GPU planned to ship in Q4: 10-20% ... - TweakTown

TL;DR: NVIDIA will ship its new B30 AI GPU in Q4 2024, offering 10-20% lower performance than the H20 but at 30-40% reduced cost. With eased US export restrictions, NVIDIA expects 400,000 H20 ...

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