Nvidia, AMD Hit With 15% US Cut on China AI Chip Sales
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BTCCSquare news:
The U.S. government has imposed a 15% revenue cut on Nvidia and AMD for advanced AI chip sales to China, marking a pivotal shift in tech trade relations. The arrangement allows both companies to resume exports of semiconductors like Nvidia's H20 and AMD's MI308, previously halted under national security concerns.
The TRUMP administration's April ban on H20 chip sales to China has been reversed under the new terms. Commerce Department officials confirm accelerated licensing for resumed shipments, with the revenue-sharing deal enabling access to critical market segments.
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