NVIDIA, AMD to pay 15 % of the revenues of selling China’s chips to the US government

New York — A US government official confirmed that NVIDIA and AMD have agreed to share 15 % of its revenues from chips to China with the US government.

The administration of President Donald Trump stopped selling advanced computer chips to China in April, but NVIDIA and AMD It was revealed in July Washington will allow them to resume the sales of H20 and Mi308 chips, which are used to develop artificial intelligence.

The official, who insisted on not disclosing his identity to discuss a policy that has not been officially announced yet, stressed the Associated Press on the conditions for sharing revenues in the deal, and the extensive strokes of the initial report of its report said Financial times It was accurate.

FT reported that NVIDIA and AMD agreed to the financial ranking as a condition for an export license to resume sales to China.

“We are following the rules that the US government determines to participate in global markets. While we have not shipped H20 to China for several months, we hope to allow export control rules to compete in China and all over the world,” Nvidia wrote in AP. “America cannot repeat 5G and lose communications.

Amd did not respond immediately on a request for comment.

The restrictions on advanced chips to China were essential in the artificial intelligence race between the two largest economic powers in the world, but these controls are also controversial. Supporters argue that these restrictions are necessary to slow China enough to allow companies to keep the initiative. Meanwhile, opponents say export controls have gaps – and they can still stimulate innovation. China’s appearance Dibsic Amnesty International Chatbot in January, special concerns about how China used advanced chips was renewed to help develop its capabilities in artificial intelligence.

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