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The agreement specifically applies to Nvidia’s H20 chip and AMD’s MI308 chip, both modified to comply with US export controls
People walk past the NVIDIA booth during the China International Supply Chain Expo (CISCE) in Beijing. (AFP file photo)
US chipmakers Nvidia and Advanced Micro Devices (AMD) have agreed to pay 15 percent of their revenue from the sale of artificial intelligence (AI) chips to China to the United States government, according to multiple media reports.
The revenue-sharing agreement was reportedly finalised during a meeting at the White House last week between Nvidia CEO Jensen Huang and US President Donald Trump.
Publications including The Financial Times, Bloomberg, and The New York Times described the deal as a highly unusual arrangement in international tech trade, aimed at navigating tightening US restrictions on AI chip exports to China.
The agreement specifically applies to Nvidia’s H20 chip and AMD’s MI308 chip, both modified to comply with US export controls by offering reduced performance compared to their standard AI models. These versions were developed to allow limited sales to China without breaching national security regulations.
In a statement, Nvidia did not deny the reported deal, saying it follows all rules set by the US government for participating in global markets.
“While we haven’t shipped H20 to China for months, we hope export control rules will let America compete in China and worldwide,” a spokesperson said.
“America cannot repeat 5G and lose telecommunication leadership,” the spokesperson added. “America’s AI tech stack can be the world’s standard if we race.”
AMD has not yet commented on the reported agreement.
(With inputs from AFP)
The News Desk is a team of passionate editors and writers who break and analyse the most important events unfolding in India and abroad. From live updates to exclusive reports to in-depth explainers, the Desk d…Read More
The News Desk is a team of passionate editors and writers who break and analyse the most important events unfolding in India and abroad. From live updates to exclusive reports to in-depth explainers, the Desk d… Read More
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