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What the Nvidia Chip Payoff Deal Says About Trump’s Trade War

A deal for Nvidia and AMD to give the Trump administration a cut of chip sales to China raises questions about national security and trade policy goals.

President Trump and Jensen Huang of Nvidia in April. The Nvidia leader persuaded the president to approve A.I. chip sales by arguing that preventing them would only hurt U.S. tech companies.

U.S. Government to Take Cut of Nvidia and AMD A.I. Chip Sales to China

11 August 2025 at 01:26
In a highly unusual arrangement with President Trump, the companies are expected to kick 15 percent of what they make in China to the U.S. government.

Jensen Huang, Nvidia’s chief executive, last month. Mr. Huang and President Trump struck the 15 percent arrangement at a White House meeting last week.

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