Home Economy Nvidia strikes $3 billion revenue-sharing deal with Trump administration to resume AI chip sales in China
Nvidia strikes $3 billion revenue-sharing deal with Trump administration to resume AI chip sales in China
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Nvidia struck a deal with the Trump administration to continue selling chips to China. The agreement involves Nvidia sharing revenue with the US government. This decision followed earlier export restrictions on Nvidia's H20 chips. Analysts suggest this move is better than letting Chinese companies dominate the AI market. However, some worry it might push China towards domestic chipmakers like Huawei.
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