The Nvidia & AMD deal to pay 15% of revenue to the US government to sell AI chips to China may turn out to be illegal, as it is forbidden to charge a fee for an export license, Barron’s reports, though the US does charge some fees for export licenses related to defense technology. President Trump originally asked for 20% of revenue, but Nvidia's CEO negotiated him down to 15%. $NVIDIA(NVDA.US) $AMD(AMD.US) #semiconductors #semiconductor
Source: Dan Nystedt
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