US Edition'Bizarre' Nvidia, AMD Chip Export Deal with Trump Raises Legal Questions
UNITED STATES, AUG 11 – Nvidia and AMD agreed to give 15% of their AI chip sales revenue from China to the U.S. government for export licenses amid national security and constitutional concerns.
- On Sunday, August 10, Nvidia and AMD agreed to pay 15% of their China chip sales to the U.S. government for export licenses, trade experts said this could be an export tax.
- Prior to the revenue-sharing deal, the U.S. government only recently rescinded the ban on NVIDIA H20 exports on July 14, 2025, after blocking them in April.
- Legal experts and former officials warned it was highly unusual and might face judicial or congressional oversight, as trade experts said it could be construed as an export tax under the U.S. Constitution.
- Prompting critics, U.S. Rep. Raja Krishnamoorthi called it a dangerous misuse of export controls that could face lawsuits and congressional hearings.
- The Trump administration's revenue-sharing deal may set a precedent, trade experts said, challenging the Constitution’s Export Clause and prompting the White House to consider similar schemes.
28 Articles
28 Articles
'Bizarre' Nvidia, AMD chip export deal with Trump raises legal questions
Two major chipmakers in the U.S., Nvidia and AMD, have struck an unusual agreement with the federal government to share some of their revenue from chip sales to China — a deal that experts say raises constitutional questions and may set a concerning new precedent. The two firms have agreed to share 15 percent of the revenue generated from selling advanced artificial intelligence (AI) chips to China in order to secure export licenses after a mon…
Mark Cuban is lauding Trump for how the POTUS has handled China and Nvidia
"That is the ULTIMATE wealth tax," Mark Cuban said following reports that Nvidia and AMD have agreed to pay the US government 15% of their China chip sale revenues.Tibrina Hobson via Getty ImagesNvidia and AMD are expected to fork out 15% of their China chip sales revenues to the US government.Mark Cuban said President Donald Trump deserves credit for the move. "That is the ULTIMATE wealth tax," Cuban said.Mark Cuban said on Monday that it's a g…
Nvidia, AMD to Pay 15 Percent of China Chip Sales to US Gov’t; 7-Year-Old American Banned From Leaving China
American chipmakers Nvidia and AMD are agreeing to pay the U.S. government 15 percent of revenue from one of their biggest markets. In exchange, they get a permit to sell some of their microchips to China. A new chip deal between the U.S. and Nvidia is stirring questions about export legality, national security, and the future of AI. What’s really at stake in this high-tech trade negotiation? A 7-year-old U.S. citizen is barred from leaving Chin…
'Bad for America': Trump dressed down by WaPo editors for latest side deal
President Donald Trump was slammed by The Washington Post editorial board on Monday afternoon over his new deal that orders chipmaker Nvidia to pay 15 percent of its revenue from exports to China."The deal that Nvidia CEO Jensen Huang hammered out with President Donald Trump in the Oval Office Wedne...
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