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Kevin O'Leary: 15% export tax on Nvidia, AMD chips 'a form of blackmail'
Posted
August 11, 2025
Views
139,144
Likes
871
Comments
925
Engagement
1.29%
August 11, 2025
139,144
871
925
1.29%
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9:24Now PlayingNvidia and AMD have agreed to pay the US government 15% of their revenues from semiconductor sales to China in exchange for export licenses, an unprecedented quid pro quo arrangement aimed at solidifying America’s AI business dominance while maintaining trade ties with China. "This industrial policy of taxing a specific company to have the right granted by the government to ship product to a specific country that, for lack of better words, is a little funky chicken," said CNN contributor Kevin O'Leary. #CNN #News
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