Comment by hbarka

15 hours ago

Shakedown list: Nvidia 15% of revenue AMD 15% of revenue Intel 10% of capital

Who else is next?

Just to add:

what about the part where a single person is dictating taxes on American companies? That does not seem to phase that many people in the tech space...

And what leverage did the administration illegally (without Congressional authorization) apply to get this deal?

At least when the Bush admin did the first part of the financial bailout in 2008, they had Congressional authorization (a bill was passed).

A deal for 15 percent of revenues of specific AMD and NVidia part sales in China != 15 percent of all their revenues, not even close.

  • Demanding 15% of H20, causing China to retaliate and ban it, causing Nvidia to halt production.

    In terms of net effect, it’s atrocious regardless.

With time military companies need to pay their allegiance money so that they can break sanctions and oh national security. Some will approve because of the same reasons as Nvidia deal, who leaves that money on the table?

I'm not mad about a corporate tax on semiconductors sold to an adversary and agree that a tax is better than a ban on those sales.