US Slaps 15% Revenue Toll on Nvidia & AMD’s China Chip Sales—Tech Giants Pay the Price

Silicon Valley's golden geese just got a taxman haircut. Nvidia and AMD now fork over 15% of their China chip revenues to Uncle Sam—a move that'll either fund next-gen R&D or disappear into the Pentagon's latest $2,000 coffee cup budget.

The Chip Wars' Newest Battlefield

Washington's playing 4D chess with semiconductor geopolitics. By skimming 15% off the top of every AI chip sold to China, the US effectively turns tech CEOs into involuntary tax collectors. AMD's Lisa Su and Nvidia's Jensen Huang now face an impossible choice: absorb the cost or pass it to customers already sweating under Beijing's 'patriotic tech' mandates.

Wall Street's Cynical Bet

Analysts whisper this could backfire spectacularly—15% margins don't grow on trees, even for companies printing H100 GPUs like Monopoly money. Meanwhile, hedge funds quietly short Chinese tech ETFs while long popcorn futures.