Imagine if your favorite snack company decided to cut your grandma in on the profits just because she bought their chips. That’s exactly what Nvidia and AMD are doing, but instead of chips for guacamole, we’re talking AI chips destined for China!
In a move that’s about as common as a unicorn at a tech conference, these silicon wizards have agreed to share a whopping 15% of their revenue from AI chip sales in China with the US government. Yes, you heard that right! Every time a chatbot orders a latte using their chips, part of that money will slide right into Uncle Sam’s pockets.
This decision reportedly came to light through the Financial Times, sending ripples of confusion through the tech community.
So, why would Nvidia and AMD be so generous? Well, it’s a small price to pay for cracking open the gate to sell *previous-gen* chips in China, which is like selling last year’s iPhone after the new one dropped—still tempting for some! However, as the world watches this rare alliance, the real question is: how will the government spend this unexpected windfall? More snacks for Grandma or innovative tech to keep up with the AI arms race?
Unless you’ve been living under a rock, you know the competition in AI chips is heating up faster than a microwave burrito. The stakes are high, and this unusual partnership could set the stage for a lot more than just revenue sharing.
Let’s grab the popcorn and watch how this unfolds. Will it lead to more innovation or just an awkward family reunion between tech giants and the government? Only time will tell!
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