Nvidia, AMD may sell high-end AI chips to China if they pay US a cut

The AI Chip Race narrative was used about US national protection, but now it is now about tariffs: Nvidia and AMD have agreed to pay 15% of the earnings of China from selling high-end AI chips in exchange for licensed to sell these chips to the US government, Financial Times, Financial Times, Financial Times. ReportBy quoting anonymous sources.

According to the official source of the FT, Nvidia will share income from its H20 AI chips sales in China and AMD MI will share a cut of 308 chip sales. According to the report, the government has also started issuing licenses for the sale of two companies.

The Trump administration in April restricted the sale of some high-performers in China, but a few months later this ban was paused, while Nvidia Promise $ 500 billion data center Investments Stateside. Then in July the company said it would be Start again After the Biden Administration Restriction, it is the sale of H20 AI chips in China, specially designed for sale in the country.

“We follow the rules of the US government for our participation in the global markets,” said an emailed statement. “Although we have not sent H20 to China for months, we hope the rules for export control will allow China to compete worldwide.”

According to US Commerce Secretary Howard Lutnik, Nvidia must have changed Related Trading with China about rare-earth components, which are essential for making materials such as rechargeable batteries for electric vehicles.

Nvidia has critics of the Administration Decision of the H20 Chips Sales Authorization: National Security Experts and former Government officials Wrote Lutnik last month urged the government to take the opposite course.

Note: This story was updated to add a statement to Nvidia.