US EditionTrump's Unprecedented, Potentially Unconstitutional Deal with Nvidia and AMD, Explained: Alexander Hamilton Would Approve
Democratic senators argue Trump’s 15% fee on Nvidia and AMD AI chip exports to China may violate US export laws prohibiting taxes on exports, raising constitutional concerns.
7 Articles
7 Articles
Trump's unprecedented, potentially unconstitutional deal with Nvidia and AMD, explained: Alexander Hamilton would approve
Nvidia and AMD agreeing to give 15% of their China chips revenue back to the U.S. doesn't recall any deal ever struck by the U.S. government.
Hiltzik: Trump’s deal with Nvidia puts our national security on sale to the highest bidder
Michael Hiltzik One thing that can be said about Donald Trump’s transactional approach to policy-making is that, as destructive as it might be to our economic health, it gives business leaders clear options to get what they want out of the White House. The latest case-in-point are the deals struck by chipmakers Nvidia and AMD […]
Beijing, China. U.S. microprocessor giant Nvidia agreed to pay the U.S. government 15% of its revenues from the sale of artificial intelligence chips (AI) to China, confirmed on Monday Donald Trump. According to U.S. media, the same agreement affects its national competitor AMD, another sector giant that is at the center of a technological battle between the U.S. and China. Why are these advanced chips so important? The chips involved are Nvidia…
The agreement reached by President Donald Trump with NVIDIA and AMD, two major US manufacturers of computer chips, which provides for a reduction of their revenues in exchange for authorization to export their products to China, has introduced a surprising new tactic in its transactional trade policy.As part of these agreements, Nvidia, the world's leading producer of chips for AI, and its competitor Advanced Micro Devices will contribute 15% to…
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