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China chip sales

Nvidia CEO Jensen Huang poses for a photo before President Donald Trump speaks during an AI summit at the Andrew W. Mellon Auditorium, Wednesday, July 23, 2025, in Washington. (AP Photo/Julia Demaree Nikhinson)
Aug 11, 2025

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

Nvidia and AMD have agreed to share 15% of their revenues from chip sales to China with the U.S. government, as part of a deal to secure export licenses for the semiconductors.

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