Nvidia, AMD AI Deal, Intel CEO to Meet Trump | Bloomberg Tech 8/11/2025
Nvidia and AMD have agreed to pay 15% of their revenues from Chinese AI chip sales to the US government. Analysts and investors have reacted to this "unprecedented" deal, with some expressing concerns about the potential impact on the companies' profitability and market share. Meanwhile, Intel CEO Lip-Bu Tan is scheduled to meet with President Donald Trump, following the US leader's call for his resignation. The reasons behind the president's request for Tan's resignation are not specified in the article. The article provides a brief overview of these two significant developments in the tech industry, highlighting the potential implications for the companies involved and the broader AI market. However, it does not delve into the details or provide any additional context or analysis.
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