A Look At Nvidia And AMD's $3 Billion Export “Tax” Deal With Trump
1. AMD and Nvidia to pay U.S. 15% of revenues from chip sales to China. 2. The deal allows expanded market share and up to $3 billion for the U.S. 3. Concerns arise over pricing impact on Chinese customers and chip demand. 4. Legal challenges may affect future capabilities of similar agreements. 5. Framework opens door for potential tax on U.S. goods by government.