Trump’s ‘clip’ on chip exports sparks questions of legitimacy and national security

The US government’s practice of taking a cut on chip exports has sparked widespread controversy in the United States, with some suggesting it could set a precedent of ‘fees for licenses’ and challenge traditional export control policies. The US government recently announced that it will allow Nvidia and AMD to export certain AI chips to China, but requires these two companies to pay 15% of their sales revenue to the US government. White House Press Secretary Karoline Leavitt revealed during a press conference on August 12th: ‘This plan currently only applies to these two companies, but may expand to others in the future. I think it’s a creative idea and solution.’ The US government’s practice of taking a cut on chip exports has sparked widespread controversy in the United States, with some suggesting it could set a precedent…