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President Donald Trump upended corporate norms this week after Nvidia and AMD agreed to give the US government 15 per cent of their Chinese chip sales in exchange for being awarded export licences.
Why Nvidia’s and AMD’s China deal with Trump could backfire. The companies making the most money from the AI boom are the ...
Nvidia ($NVDA) and Advanced Micro Devices ($AMD) just agreed to hand over 15% of their China chip sales to the U.S.
The president’s latest financial disclosure lays out significant investments in a sector where he has exerted unprecedented ...