Air Freight News

AMD chief says company ready to pay 15% tax on AI chip shipments to China

Advanced Micro Devices CEO Lisa Su on Thursday said the company has licenses to ship some of its MI 308 chips to China and is prepared to pay a 15% tax to the U.S. government if it ships them.

Su made the remarks at a conference held by technology publication Wired in San Francisco.

AMD CEO Lisa Su makes the opening speech at COMPUTEX forum in Taipei, Taiwan June 3, 2024. REUTERS/Ann Wang

U.S. President Donald Trump in August said his administration had reached a deal with Nvidia and AMD under which they could resume shipping some chips to China in exchange for paying a 15% fee, a move some legal experts argued could violate the U.S. Constitution's ban on taxing exports.


Reuters
Reuters

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