Nvidia and AMD to hand over 15% of China chip revenues to US

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Nvidia and AMD struck a rare agreement with the U.S. government, agreeing to give 15% of their sales revenue from certain chips sold in China directly to Washington. The deal covers Nvidia’s H20 artificial intelligence chip and AMD’s MI308 model. Both products are tailored for the Chinese marke t to comply with earlier export restrictions. U.S. officials said the revenue-sharing agreement was a condition for obtaining export licences to sell the chips in China. These licences were granted last w...