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White House confirms it's still figuring out the legality of the revenue-sharing Nvidia and AMD deal for China GPU sales — 'The legality of it, the mechanics of it, is still being ironed out'
President Trump wants a 15% cut on Nvidia's and AMD's export-controlled China sales — but will the courts allow him?
While the President and the two AI chip makers have seemingly agreed to this agreement in principle, its unprecedented nature has come under considerable scrutiny from the outside. Whether or not both companies contest this export tax remains to be seen, as they can simply pass on the cost to their Chinese customers, who are probably willing to pay. Nevertheless, we will have to wait until the Department of Commerce comes out with the documents that cement these deals before we will know how the White House and its critics will treat these export taxes.
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