Nafidia Company and Advanced small devices A company has approved 15 % of its revenues from chip sales to China to the US government as part of a deal with the Trump administration to secure export licenses, according to a person familiar with the matter.
The person who asked not to disclose his identity to discuss internal deliberations of Mi308 revenues, NVIDIA plans to exchange 15 % of the H -20 SIM sales in China and AMD will provide the same share of Mi308 revenues. I reported the financial times earlier about the development.
It followed a separate report on the Financial Times that the US Department of Commerce began to issue H20 licenses on Friday, two days after the CEO of Nvidia Jensen Huang met Donald Trump.
The Trump administration freezed the sale of some advanced chips to China earlier this year, as trade tensions increased between the largest economists in the world.
A NVIDIA spokesman said the company is following the American export rules, adding that although it has not shipped H20 chips to China for several months, it hopes that the rules of the United States will allow competition in China. Amd did not respond immediately on a request for comment.
Separately, Intel The Wall Street Journal reported on Sunday that the CEO is expected to visit the CEO of the White House on Monday after Trump called for his dismissal last week because of his relationships with Chinese companies.
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