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Nvidia to Pay U.S. Government 15% of China AI Chip Sales, Revenue Impact Unclear
Nvidia to Pay U.S. Government 15% of China AI Chip Sales, Revenue Impact Unclear
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BTCCSquare news:
Nvidia and AMD have agreed to surrender 15% of their China-market AI chip revenues to the U.S. government in exchange for export licenses, according to a Financial Times report. The Commerce Department began issuing licenses for Nvidia's H20 and AMD's MI308 chips last Friday—products specifically designed to comply with earlier Biden-era export controls.
The H20 chip had already faced setbacks when Trump-era restrictions expanded in April, forcing Nvidia to take a $4.5 billion charge on unsold inventory. While the new revenue-sharing deal allows resumed sales, it introduces fresh uncertainty about margins in a market that previously contributed significantly to Nvidia's data center earnings.
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