LeadStory

What is the news on Nvidia and AMD?

Asked 2 days ago

Answer

Nvidia and AMD have agreed to pay 15% of their China chip revenues to the U.S. government for export licenses, following eased restrictions. Both companies remain key drivers of the tech market, with strong earnings and significant roles in AI and semiconductor sectors.

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CNN

Nvidia and AMD to pay 15% of China revenues to U.S. government

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  • Nvidia and AMD have agreed to pay 15% of their China revenues to the U.S. government for export licenses. 10s
  • The deal follows meetings between Nvidia's CEO and U.S. officials and comes after export restrictions were eased. 32s
  • The agreement could generate billions of dollars for the U.S. government. 1m 15s
  • Chinese state media have raised concerns about potential security risks in American AI chips. 1m 25s
  • The arrangement is controversial due to ongoing national security concerns and debates over U.S. policy objectives. 1m 50s
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References

Nvidia and AMD to pay 15% of China revenues to U.S. government
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CNN
2 days ago
Nvidia and AMD to pay 15% of China revenues to U.S. government

Nvidia and AMD have agreed to pay 15% of their revenues from semiconductor sales in China to the U.S. government in exchange for export licenses.

Mitrione: Since April lows, tech and chips have driven the market
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CNBC
2 days ago
Mitrione: Since April lows, tech and chips have driven the market

Tech and semiconductor stocks, especially Nvidia and AMD, have driven market gains since April, with strong earnings and capital expenditures.

Nvidia, AMD to pay 15% of China chip sales to U.S.
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Reuters
2 days ago
Nvidia, AMD to pay 15% of China chip sales to U.S.

Nvidia and AMD will remit 15% of their revenue from sales of advanced computer chips to China to the U.S. government, including chips like Nvidia's H20.

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