Overview
- Nvidia and AMD agreed to remit 15% of their revenue from H20 and MI308 chip sales in China to the U.S. government as a condition for obtaining export licenses.
- The Commerce Department has begun issuing export approvals for the previously restricted H20 and MI308 GPUs under the new arrangement.
- President Trump’s administration has not yet determined how the Treasury will allocate the funds collected through the revenue-sharing deal.
- National security experts warn the pact may weaken longstanding safeguards by trading export controls for government revenue.
- The agreement marks an unprecedented U.S. policy shift toward using export licenses as economic bargaining leverage in technology competition with China.