According to Associated Press reporting (via Star Tribune, Aug. 11, 2025), did President Trump initially demand a 20% cut of Nvidia’s China‐bound H20 chip sales revenue before CEO Jensen Huang negotiated it down to 15%?
Explanation
President Trump confirmed at a White House press conference on August 11, 2025, that he initially demanded a 20% government share of revenue from Nvidia’s H20 chip exports to China, but credited Nvidi...
Sources
Related Questions
The revenue-sharing arrangement is described as "unprecedented" in U.S.-China trade relations.
Easytrue falseAs part of the agreement announced by the Trump administration on August 11, 2025, securing export licenses for Nvidia’s H20 and AMD’s MI308 AI chips, what percentage of revenue from sales in China will Nvidia and AMD pay to the U.S. government? (Reuters, August 26 2025; CNBC, August 11 2025)
Easymultiple choiceWhat percentage of Nvidia's China AI chip revenue will go to the U.S. government?
Easymultiple choice
2 more questions available with Premium
Unlock All QuestionsThis question is part of Trump negotiates 15% government cut of Nvidia's AI chip sales to China. 5 more questions available.