The global AI chip race narrative used to be about U.S. national security, but apparently now it's about tariffs: Nvidia and AMD have agreed to pay the U.S. government 15% of the revenue they make from sales of high-end AI chips to China in exchange for licenses to sell those chips in the country, the Financial Times reported, citing anonymous sources.
Source: https://techcrunch.com/2025/08/11/nvidi ... -us-a-cut/