Nvidia, AMD to Give U.S. 15% Cut on AI Chip Sales to China
Summary
Nvidia and AMD will be required to give the U.S. government a 15% share of revenue from AI chip sales to China, under new export regulations aimed at curbing Chinese access to advanced technology. This policy could impact the profitability of U.S. chipmakers and slow the pace of AI development in China, potentially reshaping global competition in the AI sector.