New Delhi, Aug. 11 -- Washington - In a move that underscores Washington's increasingly transactional approach to so-called "national security," the Biden administration has coerced US semiconductor giants Nvidia and AMD into surrendering 15 percent of their revenues from advanced AI chip sales in China directly to the federal government. The arrangement, described by US officials as a "revenue-sharing mechanism," [.]

Published by HT Digital Content Services with permission from The Eastern Herald....