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Chip Giants Nvidia and AMD agreed to pay the US government 15% of their semi -ranking sales in China, BBC reported a source close to this issue.
The agreement is part of the transaction to ensure export licenses in the second largest economy in the world.
“We are following the rules that the US government set for our participation in the world markets. While we have not sent H20 to China for months, we hope that export control rules will allow America to compete in China and worldwide,” Nvidia BBC said.
AMD did not immediately respond to a comment request.
In a statement to the BBC, Nvidia also said: “America cannot repeat the 5G and lose telecommunications. Technical stack of America (artificial intelligence) can become a standard in the world when we run a race.”
According to the agreement, Nvidia will pay 15% of its H20 Sales in China’s US government, while AMD will give the same percentage of MI308 chips, which was first reported by The Financial Times.
Previously, Washington banned the sale of Nvidia H20 chips in Beijing about security problems, though the firm has recently announced it would be be canceled.
The H20 chip was designed specifically for the Chinese market after a US export restriction was imposed in 2023 in 2023. Its sale was effectively banned by Trump administration in April this year.
Nvidia Executive Director Jensen Juan spent months, lobbying both sides to restore chips in China. Last week, he met US President Donald Trump.
Recovery of chingles to China occurs when trading tensions between Beijing and Washington mitigated.
In Beijing, control over rare land is ease, while the US has raised restrictions on software firms for chips working in China.
In May, the two largest economies in the world agreed to the 90-day truce in the war tariffs.
Since then, high -ranking officials have been met several times on both sides, although the pause tariff extension has not yet been confirmed on the eve of August 12.
As part of his policy, Trump’s tariffs pressured large companies to make more investment in the US.
Last week, Apple said the deposit is another 100 dollars (£ 74.4 billion) in the country by adding a previous promise to spend $ 500 billion in the US over the next four years.
In June, Micron Technology Micron Technology stated that the US plan planned in the US was $ 200 billion. This includes the construction of a new production facility in Idah.
Nvidia itself has announced plans to build AI servers in the US for up to $ 500 billion, promising to build the first AI supercomputs that are fully made in American.
