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Chip giants Nvidia and AMD to pay 15% of China revenue to US

Source: BBC

Chip giants Nvidia and AMD have agreed to pay the US government 15% of their semiconductor sales in China, the BBC has been told by a source close to the matter.The agreement is part of a deal to secure export licences to the world's second biggest economy."We follow rules the US government sets for our participation in worldwide markets. While we haven't shipped H20 to China for months, we hope export control…

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Chip giants Nvidia and AMD to pay 15% of China revenue to US | Break'n News