{"id":1667,"date":"2025-08-12T12:08:49","date_gmt":"2025-08-12T12:08:49","guid":{"rendered":"http:\/\/www.logicalware.net\/?p=1667"},"modified":"2025-08-12T19:23:48","modified_gmt":"2025-08-12T19:23:48","slug":"nebraska-republican-trumps-nvidia-and-amd-china-agreement-not-a-good-deal","status":"publish","type":"post","link":"http:\/\/www.logicalware.net\/index.php\/2025\/08\/12\/nebraska-republican-trumps-nvidia-and-amd-china-agreement-not-a-good-deal\/","title":{"rendered":"Nebraska Republican: Trump's Nvidia and AMD China agreement 'not a good deal'"},"content":{"rendered":"

Rep. Don Bacon (R-Neb.) said Monday evening that President Trump\u2019s unusual agreement with major chipmakers<\/a> Nvidia and AMD to share some of their revenue from chip sales in China is \u201cnot a good deal.\u201d\u00a0<\/p>\n

\u201cWe’ve got to realize we’re in an intellectual war, a technology war with China, and we’re in an AI [artificial intelligence] competition,” Bacon said during an appearance on NewsNation’s “The Hill” with host Chris Stirewalt. “Having Nvidia providing this technology to China is a mistake.”<\/p>\n

\u201cI was weary of doing the CHIPS Act, because that was a $270 billion giveaway to one industry, and now we’re seeing some of this stuff’s going to China,” the lawmaker, who is not running for reelection<\/a> and has often criticized Trump<\/a> and some of his Cabinet members<\/a>, continued. “Chris, I oppose it. Taiwan’s our friend.”<\/p>\n

He added, “We have to help protect them, because they’re where most of this high technology is at. I’d like to encourage you coming here, but China getting our chips is not a good deal.”<\/p>\n

Both Nvidia and AMD reached a deal<\/a> with the Trump administration to share 15 percent of their revenue generated from sales of advanced AI chips to Beijing to secure their export licenses.\u00a0<\/p>\n

AMD will share 15 percent of its revenue from MI308 chip sales, while Nvidia will share the same portion from selling H20 chips in China. <\/p>\n

The agreement came after Nvidia\u2019s CEO Jensen Huang met with the president at the White House last week, according to multiple<\/a> news outlets. The agreement has raised constitutional questions among experts.\u00a0<\/p>\n

\u201cIt\u2019s bizarre in many respects and pretty troubling because Congress didn\u2019t have anything to say about this,\u201d said Gary Hufbauer, a nonresident senior fellow at the Peterson Institute for International Economics.<\/p>\n

\u201cIt\u2019s just the president\u2019s own negotiating with the individual companies,” he continued. “That\u2019s not how historically we\u2019ve done business in this country.”<\/p>\n

The analysis also comes as Trump signed an executive<\/a> order Monday extending his pause of “reciprocal” tariffs on China by another 90 days.<\/p>\n","protected":false},"excerpt":{"rendered":"

Rep. Don Bacon (R-Neb.) said Monday evening that President Trump\u2019s unusual agreement with major chipmakers Nvidia and AMD to share some of their revenue from chip sales in China is<\/p>\n

Continue reading <\/use> <\/svg>Nebraska Republican: Trump's Nvidia and AMD China agreement 'not a good deal'<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":1669,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[11],"tags":[],"_links":{"self":[{"href":"http:\/\/www.logicalware.net\/index.php\/wp-json\/wp\/v2\/posts\/1667"}],"collection":[{"href":"http:\/\/www.logicalware.net\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.logicalware.net\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.logicalware.net\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.logicalware.net\/index.php\/wp-json\/wp\/v2\/comments?post=1667"}],"version-history":[{"count":1,"href":"http:\/\/www.logicalware.net\/index.php\/wp-json\/wp\/v2\/posts\/1667\/revisions"}],"predecessor-version":[{"id":1668,"href":"http:\/\/www.logicalware.net\/index.php\/wp-json\/wp\/v2\/posts\/1667\/revisions\/1668"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/www.logicalware.net\/index.php\/wp-json\/wp\/v2\/media\/1669"}],"wp:attachment":[{"href":"http:\/\/www.logicalware.net\/index.php\/wp-json\/wp\/v2\/media?parent=1667"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.logicalware.net\/index.php\/wp-json\/wp\/v2\/categories?post=1667"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.logicalware.net\/index.php\/wp-json\/wp\/v2\/tags?post=1667"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}