
US Approves AI Chip Sales to China—with a 15% Revenue Cut
Nvidia and AMD have secured licenses from the US government to sell high-end AI chips to China, provided they pay a 15% cut of their sales revenue back to the US. The agreement allows limited exports of chips like Nvidia’s H20 and AMD’s MI308, which comply with recent US export control rules. The deal comes after months of restrictions aimed at curbing China’s AI development over national security concerns.
The arrangement marks a shift toward monetizing rather than strictly limiting AI tech exports, highlighting Washington’s evolving strategy in the global AI race.