Nvidia Can’t Pay US 15% Unless Trump’s Plan Formalized, CFO Says

Nvidia, the semiconductor company, has stated that it cannot pay a 15% commission on its AI chip sales to China unless the Trump administration's plan is formally implemented. The proposed plan, which has not progressed beyond the initial stages, could potentially pose legal risks, according to Nvidia's Chief Financial Officer. The article suggests that the Trump administration's plan to impose a 15% commission on Nvidia's AI chip sales to China is still in its early stages and has not been formally implemented. Nvidia has expressed concerns about the legal implications of such a move, indicating that the company cannot comply with the plan unless it is officially formalized. The article highlights the uncertainty surrounding the proposed commission and the potential challenges Nvidia may face in navigating the regulatory environment. It underscores the need for clear and formal policies to be put in place to ensure compliance and mitigate legal risks for companies operating in the global technology market.