Trump Confirms Nvidia & AMD Will Pay 15% of China AI Chip Sales to US

Nvidia and AMD's China AI Chip Deal

• 💡 Nvidia and AMD will pay 15% of their revenue from AI chip sales in China to the U.S. government.
• 📌 This unprecedented agreement allows these companies to sell chips in China after initial export controls were imposed.
• 💰 The U.S. government is effectively entering the chip business, with this deal potentially generating significant revenue.
• ⚠️ The H-20 chip, considered older, is part of this deal, while the more advanced Blackwell chip's status remains uncertain, with Trump suggesting a modified version might be possible.

Legality and Constitutionality of the Deal

• ⚖️ Experts question the legality and constitutionality of the agreement, likening it to an export tax, which is generally unconstitutional.
• ❓ The voluntary nature of the agreement is seen as a potential loophole to circumvent legal challenges.
• 🧐 The question of whether other companies will face similar requirements is a major concern for executives in export-controlled industries.

Trump-Putin Summit in Alaska

• 🇷🇺 President Trump is preparing for a summit with Vladimir Putin in Alaska, focusing on potential peace in Ukraine.
• 🤝 The meeting's framing as a