US-China Chip War Hits Nvidia and AMD: 15% Levy on China Sales
The recent revelation that Nvidia must pay the US government 15% of its revenue from advanced chip sales to China underscores the escalating US campaign to curb China’s access to critical semiconductor technology. While Nvidia has been the most visible focal point due to its dominance in AI GPUs, its chief rival, AMD, is navigating the exact same treacherous terrain under identical export control regulations, facing comparable strategic and financial headwinds. AMD: Caught in the Same Export Control Net. As AMD and Nvidia navigate this constrained landscape in China, the global semiconductor industry continues its fractious drift towards competing technological blocs, with the 15% levy serving as a tangible, costly reminder of the deep geopolitical fault lines running through the heart of the tech world.