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Nvidia and AMD will pay U.S. 15% of revenue from Chinese chip sales, White House says
Posted
August 11, 2025
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August 11, 2025
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5:41Now PlayingU.S. chipmakers Nvidia and AMD announced that they will pay the U.S. government 15% of the revenue generated from AI chip sales in China, a White House official confirmed for CBS News. MoneyWatch correspondent Kelly O'Grady has the latest.
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