Many top Senate Democrats are urging President Trump to walk back Deal with Nvidia and AMD This will allow companies to sell Artificial Intelligence (AI) chips after companies agree to share 15 percent of revenue from sales.
The Leader of the Senate majority Chak Shumar (DN.Y.) and the sensor. Mark Warner (D-VA.), Jack Reid (Dr. I. Sent letter Friday This step runs counter for US national security interests and can violate the law.
Warner is the vice -chairman of the Senate Intelligence Committee, while Reid, Shaheen and Warren are the top democrats on the Senate armed services, foreign relations and banking panels, respectively.
He said, “This’ negotiated deal,” allows American semiconductor manufacturers to pay a 15 percent fee for the ability to sell severely sensitive technology, violates the purpose of export control laws, “he wrote.
NVIDIA and AMD have agreed to share 15 percent revenue from the sale of their H20 and MI308 chips from the Trump administration to share the export license, which imposed new licensing restrictions effectively blocking sales earlier this year.
Is the deal Legal questions raiseAs the federal law prohibits the fee on export license, while the constitution exports bar. However, it is not clear whether the agreement will be considered a formal fee or tax and will anyone challenge the move.
It is also National security concerns instigatedAs the US tries to prevent China from using technology to beat China on AI and promote Beijing to promote its military capabilities.
“Our national security and military readiness depends on American innovators and inventing the best technology in the world and maintaining that qualitative advantage in the producing and sensitive domains,” said Senators said. “The United States has historically been successful in maintaining and building that profit, because in part, our ability to deny access to those technologies.”
He said, “There is a desire to overcome the US’s competitive edge in this system, which is important for our national security for our main global contestants in exchange for a commission on the sale of A-Enableing Technology, the cause of a serious alarm,” he said.
Democratic MPs pressurized Trump for information about who participated in talks, whether legal standards were implemented, how 15 percent will be determined and collected, what will be used for other companies for such a deal and what other companies will be considered.
White House Press Secretary Karolin Lewit suggested last week that the administration may pursue similar agreements in future, even the validity and mechanics of NVDia and AMD deal and mechanics are “still being ironed”.
“Right now, it stands with these two companies. Perhaps it can expand to other companies in the future,” he said. “I think this is a creative idea and solution.”
