Nvidia and AMD have agreed to provide the United States government with 15% of their revenue from specific chip sales to China as part of an unusual export license arrangement. The decision comes after earlier restrictions halted the sale of advanced semiconductors to China due to national security concerns. The administration stopped exports of certain high-performance chips in April, citing risks related to their potential use in military and artificial intelligence applications
Nvidia and AMD have agreed to provide the United States government with 15% of their revenue from specific chip sales to China as part of an unusual export license arrangement. The decision comes after earlier restrictions halted the sale of advanced semiconductors to China due to national security concerns. The administration stopped exports of certain high-performance chips in April, citing risks related to their potential use in military and artificial intelligence applications