Nvidia and AMD Just Struck a Landmark Deal with the Trump Administration

Nvidia and AMD just struck a landmark deal with the Trump administration: both can resume AI chip sales to China, but must pay 15% of their China revenue to the U.S. government—a move that could net the U.S. billions and reshape tech export policy.
The agreement unlocks key licenses for Nvidia’s H20 and AMD’s MI308 chips for China and reverses previous export bans, signaling a dramatic strategic shift to balance economic, security, and trade interests. National security voices remain critical, warning these chips could advance China’s AI capabilities, while White House advocates tout new revenue and American competitiveness.

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