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BREAKING: Nvidia and AMD have agreed to pay 15% of their China chip sales to the US government, a...
272 days agoamitamitisinvesting
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Note: AI-generated summary based on third-party content. Not financial advice. Read more.
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Nvidia (NVDA) and AMD (AMD) have reportedly agreed to pay 15% of their China chip sales to the US government to secure export licenses. This development, if confirmed, could alleviate some export control pressures but will directly impact their revenue from the crucial Chinese market. Investors should monitor official statements for confirmation and assess the potential long-term impact on profitability.

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breaking down tech, business, & stocks $PLTR