Nvidia, AMD to pay U.S. government 15% of China AI chip sales in an unusual export agreement
U.S. chipmakers Nvidia and AMD will pay the U.S. government 15% of revenue generated by sales of their AI chips in China, a White House official confirmed to CBS News.Β The Financial Times on SundayΒ reported that the agreement between the tech giants and the U.S. government was reached as a condition for granting export licenses…