U.S. Government to Take Cut of Nvidia and AMD A.I. Chip Sales to China
nytimes.comIs this some weird nationalization of industry?
Or is this pay to play and every other company has to abide by chip restrictions?
We live in a world where nationalization and gangster politics go hand in hand.
Yes
Yes
On one hand, you're starving a competitor (Huawei) of cash and using China's own money to fund US innovation. Genius, maybe? On the other, you're handing them the tools to level up their entire tech tree. I honestly can't decide. What's the fatal flaw I'm missing here?
China won't abandon developing indigenous technology just because they are able to gain access to American GPUs
That this blatant corruption. Pay to play. Every time a company needs to do something illegal, say trade with Russia despite the sanctions, pay US government a cut and go ahead and trade.
From corrupt businessman to corrupting the government. Next up - trade with North Korea is okay, if you pay the government 50% of your profits.
So weird, a couple dozen posts about this and no one has a lot of comments
It's weird that the duplicates didn't get consolidated into one post with more combined points that would bubble higher up in the feed. I thought HN auto-detects when duplicate links are submitted in a short time window?
Trump is thinking like a business man... ordinarily he would pocket the 15% himself (this is after all the same man who said the entire Gaza should be his personal property) but realizes the country is not yet at the point where that would be seen as normal and acceptable. Trump is taking us in the direction where soon that would be seen as normal and acceptable.
The country's money is his money. For example: That plane that got 'gifted' to him is getting expensive retrofits on the taxpayer's dime, and he gets to keep the plane after he leaves office.
https://www.nytimes.com/2025/07/27/us/politics/air-force-one...
I don't think this deal precludes people buying some lame crypto that Trump can dump ...
That is a good idea, those GPUs should be hardwired to only mine Trump Coin.