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U.S. Imposes 15% Fee on Nvidia and AMD Chip Sales to China
Cheddar News
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5 months ago
In a first-of-its-kind move, the U.S. government has imposed a 15% levy on revenues from Nvidia’s H20 and AMD’s MI308 chip sales in China.
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00:00
In a first-of-its-kind move, the U.S. government has imposed a 15% levy on revenues from NVIDIA's
00:07
H20 and AMD's M1 308 chip sales in China as a stipulation for granting export licenses.
00:15
It's an unprecedented arrangement and it's brokered under the new Trump administration
00:19
and allows the tech giants renewed access to the Chinese market, a move that raises
00:24
eyebrows among national security experts concerned about enhanced Chinese AI capabilities.
00:31
NVIDIA has responded by emphasizing its compliance with U.S. regulators, though it noted it hasn't
00:36
shipped the H20 chip to China for months.
00:40
The U.S. government has yet to specify how it will use the funds collected from this new
00:44
fee structure.
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