U.S. Taxing Nvidia’s China Chips Like a Digital Mafia
Photo by Pawel Czerwinski on Unsplash
In a move no silicon soul saw coming, the U.S. gov slapped a wild 15% fee on Nvidia's H20 and AMD's MI308 chips sold to China — or as one insider discreetly called it, 'unprecedented.' Nvidia admitted, 'We haven't shipped H20 to China for months,' but hopes new rules let the U.S. 'compete in China and worldwide.' Meanwhile, with demand so hot Nvidia just ordered hundreds of thousands more chips, analysts are watching to see if this fee turns into a $4.5 billion quarterly heartbreak or just the world's most expensive cover charge.
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(1 of 3)Source: Axios | Published: 8/10/2025 | Author: Ben Berkowitz
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