Graphic Truth
Graphic Truth: US government to get 15% of chip sales to China
In a first-of-its-kind deal, Nvidia and AMD will hand 15% of revenues from AI chip sales to China over to the US government in exchange for export licenses.
Riley Callanan
In a first-of-its-kind deal, Nvidia and AMD will hand 15% of revenues from AI chip sales to China over to the US government in exchange for export licenses.
In a first-of-its-kind deal, Nvidia and AMD will hand 15% of revenues from AI chip sales to China over to the US government in exchange for export licenses. The arrangement, greenlit after Nvidia CEO Jensen Huang met with Donald Trump, reverses an earlier ban and has national security hawks on edge, warning the chips could boost China’s military AI capabilities. The move comes amid ongoing US-China trade talks and pressure from Beijing to relax tech controls. Here’s a look at what the US’s coffers stand to gain through the deal, based on Nvidia’s estimated sales in China this year if export controls had been lifted.
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WATCH THE REPLAY: At this year's World Economic Forum in Davos, Switzerland, our Global Stage panel discussion will examine the growing infrastructure around AI, how countries are tackling AI adoption, and the ways in which local and supranational industries might benefit from this rapidly accelerating technology. Watch at gzeromedia.com/globalstage