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Krishnamoorthi: Nvidia Deal 'Dark Day' for National Security - Balance of Power
Aug 11, 2025 Featured Videos
The revenue-for-exports deal between the US government and two of the world’s biggest chipmakers opens a new front in a trading regime turned upside down by Donald Trump. Nvidia Corp. and Advanced Micro Devices Inc. agreed to pay the US government 15% of revenue from some chip sales to China. The chips — Nvidia’s H20 AI accelerator and AMD’s MI308 chips — were earlier banned by the Trump administration and require export licenses to sell. Rep. Raja Krishnamoorthi (D-IL) warns Balance of Power that the deal is a "dark day" for US National Security.
The revenue-for-exports deal between the US government and two of the world’s biggest chipmakers opens a new front in a trading regime turned upside down by Donald Trump. Nvidia Corp. and Advanced Micro Devices Inc. agreed to pay the US government 15% of revenue from some chip sales to China. The chips — Nvidia’s H20 AI accelerator and AMD’s MI308 chips — were earlier banned by the Trump administration and require export licenses to sell. Rep. Raja Krishnamoorthi (D-IL) warns Balance of Power that the deal is a "dark day" for US National Security.