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Nvidia and AMD will pay U.S. 15% of revenue from Chinese chip sales, White House says

Name: Nvidia and AMD will pay U.S. 15% of revenue from Chinese chip sales, White House says
Uploaded: 2025-08-11T12:37:00-0400
Duration: 5 min 40 s
Description: U.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.

U.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.