Summary
The U.S. government plans to charge a 15% fee on some chip sales by Nvidia and AMD to China. This fee is part of the conditions for export licenses for Nvidia's H20 chip and AMD's MI308 chip. These chips are important for artificial intelligence applications.
Key Facts
- The U.S. will impose a 15% fee on certain chip exports by Nvidia and AMD to China.
- This fee affects Nvidia's H20 chip and AMD's MI308 chip.
- The fee is a condition for getting export licenses to sell in China.
- The decision was reported by the Financial Times, citing government sources.
- It is unclear how the U.S. will use the money collected from these fees.
- Nvidia mentioned they have not shipped H20 chips to China recently.
- Nvidia also noted that being blocked from selling to China cost them $4.5 billion in one quarter.
- Neither AMD nor the White House responded to requests for comments at the time of the report.
