NVDA, AMD To Pay 15% Of China Chip Sales To US; Report

TL;DR


Summary:
- This article discusses the impact of new U.S. export controls on semiconductor sales to China by major chip manufacturers like Nvidia and AMD.
- The article explains that these companies will now have to pay a 15% tax on their chip sales to China, which could significantly impact their revenue and profitability.
- The article also suggests that these export controls are part of the ongoing trade tensions between the U.S. and China, and could have broader implications for the global semiconductor industry.

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