WASHINGTON/PALO ALTO, California -- U.S. President Donald Trump's deal with chipmakers to allow exports to China in exchange for a cut of revenue looks set to boost Washington's coffers, but the security concerns that prompted the original export restrictions still remain.
Semiconductors
Trump exacts a price from Nvidia, AMD for AI chip sales to China
Deal giving US a share of export revenue criticized amid security issues
Advanced Micro Devices can export lower-performance AI chips to China in exchange for giving 15% of the revenue to the U.S. government, under a deal with the Trump administration. © Reuters
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