
AMD chief says company ready to pay 15% tax on AI chip shipments to China

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AMD CEO Lisa Su announced that the company is ready to pay a 15% tax to the U.S. government for shipping its MI 308 chips to China. This decision follows a deal made by the Trump administration with Nvidia and AMD, allowing them to resume chip shipments to China in exchange for the tax. The announcement was made at a Wired conference in San Francisco.

