Two major tech players, NVIDIA and AMD, have struck a deal with the Trump Administration to restart their AI chip sales to China. The agreement, finalized this week, lets both companies get back into the Chinese market under a unique condition: they’ll hand over 15% of their revenue from those sales straight to the United States. The move comes after months of restrictions, and it’s already moving fast.
The Commerce Department kicked things off by issuing licenses for NVIDIA to ship its H20 chip to China as early as Friday. AMD’s MI308 chip is next in line, with permits expected to roll out by the end of August. That timeline shows how quickly this plan is taking shape. In turn, it marks a shift in how these companies can operate overseas. For now, the focus is on getting those chips moving again.
Here’s the key rundown:
- Both NVIDIA and AMD will give 15% of China AI chip revenue to the US.
- NVIDIA’s H20 chip licenses started Friday.
- AMD’s MI308 licenses are slated for late August.
The deal reflects a coordinated effort between the companies and Washington. NVIDIA and AMD had faced hurdles selling their advanced chips in China, but this agreement opens the door again. At the same time, the revenue share adds a new layer to the process, with the government stepping in as a financial partner. The news broke as markets watched closely, eager to see how this plays out. Moving forward, all eyes are on the next steps as more details emerge.
This update comes from official channels tracking the agreement, a reliable source for such developments. The story’s still unfolding, with potential ripple effects for tech trade. For now, it’s a big moment for NVIDIA, AMD, and the broader industry.
