Chip Giants Nvidia and AMD to USD 15% of China’s revenue payment
Share this content:
Chip Giants Nvidia and AMD have agreed to sell the US government to give 15% semiconductor in China, the Source of the BBC has told the BBC.
The deal is part of the agreement to obtain export licenses in the world’s second largest economy.
“We follow the rules of the US government for our participation in the world around the world. We have not sent H20 to China for several months, hoping that export control rules will allow the United States to compete in China and around the world,” NVDia told the BBC.
AMD did not respond immediately to the comment request.
Under this agreement, NVIDA will provide 15% to the US government from H -20 chip sales in China, while the AMD will provide the same percentage from its MI 308 chip revenue, which is first reported by Financial Times.
Washington has previously banned sales for the safety of H -20 chips of nvdia, although the firm recently announced that this will happen Do the opposite??
In 2023, the H20 chip was developed especially for the Chinese market after the Biden administration imposed US export restrictions. The Trump administration had effectively banned the sale in April this year.
NVIDA chief executive Jensen Huang has spent several months for lobbying on both sides to resume the sale of chips in China. He met US President Donald Trump last week.
China’s sale of chip has resumed as trade tensions between Beijing and Washington have been reduced.
Beijing has controlled the export of rare earth, while the United States has taken restrictions on chip design software companies operating in China.
In May, the world’s two largest economies agreed to the 90 -day war of their rate war.
Since then, the top trade officials on both sides have met on many occasions, although the agreement to raise the rate before the 12th period has not yet been confirmed.
Post Comment