Information technology Nvidia and AMD pay 15 percent of China revenues to the USA
According to media reports, two major US chip manufacturers have agreed to pay 15 percent of their revenue from business with China to the USA.
11.08.2025, 08:16
SDA
The CEO of chip manufacturer Nvidia Jensen Huang agreed to the deal, which is very unusual for global technology trade, during a meeting with US President Donald Trump at the White House, the Financial Times and New York Times reported on Sunday.
The Silicon Valley-based chip company AMD will also pay 15 percent of its revenue from the sale of its MI308 chips to China - the export of which was previously banned. According to the New York Times, the agreement could bring in more than 2 billion US dollars for the US government.
Conflict over dominance in AI
Nvidia and its semiconductors are at the center of the conflict between China and the US over technological supremacy in the field of artificial intelligence (AI). Under President Joe Biden, the US had already imposed strict export restrictions on Nvidia's most powerful products to China, which exacerbated tensions between the two countries.
In response, Nvidia specifically developed the AI chip "H20", but its distribution in China was also restricted. At the beginning of July, Nvidia then announced that it would resume sales of this chip in China after the US authorities eased some export restrictions. China is a crucial market for Nvidia. At the beginning of July, CEO Huang emphasized during a visit to Beijing that his company wanted to continue serving Chinese customers.
Last week, US President Donald Trump announced high US import tariffs on computer chips. During a joint appearance with Apple CEO Tim Cook at the White House, he spoke of a surcharge of "one hundred percent on all chips and semiconductors coming into the United States". Trump did not say when the new tariffs would come into force. He first mentioned surcharges of this magnitude back in the spring.
