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H20 chip export resumes with 15% revenue remittance condition; industry fears ban is imminent

Despite positive news that Nvidia and AMD’s H20 and MI308 chips have received official approval from the US government to resume exports to China, this permission comes with an unprecedented condition: Nvidia must remit 15% of its sales revenue from these chips in the Chinese market back to the US government. This move immediately sparked uproar in Chinese public opinion.