Breaking: Nvidia and AMD to Pay 15% of China Chip Sales Revenue to US, FT Reports
Breaking: Nvidia and AMD to Pay 15% of China Chip Sales Revenue to US, FT Reports In a significant and breaking development, leading semiconductor giants Nvidia and AMD are reportedly mandated to pay 15% of their chip sales revenues from China directly to the U.S. government. The Financial Times first broke the news, highlighting a major new financial obligation for American technology companies operating within the lucrative Chinese market. This unprecedented move, revealed just hours ago, is expected to have…