NVIDIA and AMD will pay Washington 15% of their income on the sale of IA fleas to China

The American semiconductive semiconductive and Advanced Micro Devices semiconductor giants agreed to pay the US government 15% of their income from the sale of IA fleas to China, according to information published on Sunday in the media.

The CEO of Nvidia, Jensen Huang, met US President Donald Trump at the White House on Wednesday and agreed to donate to the United States government, part of his income, a very unusual arrangement in the international trade in technology, according to information published in the Financial TimesBloomberg and the New York Times.

Read also: the results of Meta, Microsoft, and alphabet show that the madness of AI and Cloud is not over

Last month, NVIDIA, the world’s leading producer of semiconductors, became the first company to exceed $ 4,000 billion in market capitalization, showing how the markets are betting on artificial intelligence, revolutionizing the world economy.

A major issue in commercial discussions

Californian society is at the heart of technological rivalry between Beijing and Washington. Access of Chinese companies to its advanced “H20” chips is a major issue in commercial discussions between the two powers. But in early July, Nvidia said he would resume sales of his H20 chips in China, after the American authorities have raised certain export restrictions to the Asian country.

The company Advanced Micro Devices (AMD), based in Silicon Valley, will also pay 15% of its income from the sales in China of its Mi308 fleas, whose export to this country was previously prohibited.

According to the New York Times, This agreement could bring more than $ 2 billion to the US government. US President Donald Trump announced on Wednesday that he planned to impose 100% customs duties on “fleas and semiconductors”, without specifying, for the moment, the date of entry into force of this new customs tax.

Read also: The Taiwanese giant of TSMC semiconductors, master of forges of artificial intelligence

Comments (0)
Add Comment