Two of the world’s top chipmakers will reportedly pay the United States 15% of their sales to China in order to obtain export licenses for the Chinese market.

President Donald Trump has made it a priority for his administration to compete with China in semiconductor production, and the move could motivate the chipmakers to keep their business in the U.S.

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Nvidia head Jensen Huang met with Trump last week and agreed to pay 15% to the U.S. to export to China. The meeting came after the administration approved the company’s export of its H20 AI

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