White House's Uncertain Tax Deal for Nvidia and AMD
The recent announcement regarding a 15% export tax on Nvidia and AMD's GPU sales to China raises significant questions about legality and implementation. Press Secretary Karoline Leavitt indicated that this tax could be extended to other companies, which adds to the uncertainty. Both companies seem compliant, stating they will follow U.S. government rules, but the deal is still being scrutinized by the Department of Commerce. - Experts warn this arrangement is uncharted territory and could face legal challenges. - The lack of finalization creates a cloud of unpredictability for future operations. While Nvidia and AMD appear unbothered, the implications of such taxes could disrupt the tech market. Overall, this situation reflects the complexities of U.S.-China trade relations and the precarious nature of tech exports.