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Nvidia ($NVDA) and Advanced Micro Devices ($AMD) just agreed to hand over 15% of their China chip sales to the U.S.
From skimming Nvidia’s China revenue to dictating Apple’s investments, the president’s way of doing business with the private ...
The companies making the most money from the AI boom are the ones selling the processors, such as Nvidia and AMD. On Monday ...
Now, Trump’s decision to allow Nvidia and AMD to sell their advanced AI chips to China in exchange for a 15% cut of their revenue turns the export control regime into something like a bargaining chip.