derickt
08-16

$NVIDIA(NVDA)$ and $Advanced Micro Devices(AMD)$ have reportedly agreed to pay the US government a 15% revenue share on sales of certain AI chips to China. This arrangement allows them to obtain export licenses for their chips, specifically Nvidia's H20 and AMD's MI308, which were developed to comply with US export restrictions.

*Key Points:*

- *Revenue Share:* Nvidia and AMD will pay 15% of their revenue from sales of these chips to the US government.

- *Export Licenses:* The US government has started issuing licenses to Nvidia and AMD, enabling them to sell their chips to China.

- *Chip Specifications:* The H20 and MI308 chips are designed to meet US export restrictions while still providing significant computing power for AI applications.

- *Estimated Earnings:* The US government could earn over $2 billion

Nvidia Stock Report Release on Aug. 27
Nvidia, the AI chipmaker, is set to release a highly anticipated report on August 27, which is considered crucial by many analysts. Investors are eager to see the outcomes of this report as it could significantly impact Nvidia's stock performance.
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Comments

  • gleezy
    08-19
    gleezy
    This could significantly impact Nvidia and AMD's profit margins.
  • Porter Harry
    08-19
    Porter Harry
    Believe in Nvidia!🐂
  • YuzuYogi
    08-20
    YuzuYogi
    Any worst yet coming??
    • derickt
      yes. prepped to buy the dip
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