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Nvidia and AMD to give 15% of China chip sales to US

Two major US microchip makers, Nvidia and AMD, agree to pay the Trump administration 15 percent of their Chinese sales.

In what鈥檚 being described as an 鈥榰nprecedented鈥� deal, Nvidia and AMD agree to pay the Trump administration 15 percent of their sales to China in exchange for export licences. We鈥檒l be in Asia and the US examining what the move means for the US microchip makers - and the industry.

And with plans for US tariffs on pharmaceuticals to eventually reach as much as 250 percent, how will that affect companies that make the ingredients for those medicines? We鈥檒l be hearing from one such business.

Oil, gas, minerals and gems can be both a blessing for the economies of counties that are rich in them 鈥� but they can also be a curse. The head of a diamond company in Botswana tells us what it鈥檚 like to navigate the challenges.

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27 minutes

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  • Mon 11 Aug 2025 14:32GMT

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