AMD chief says company ready to pay 15% tax on AI chip shipments to China

SAN FRANCISCO, Dec 4 (Reuters) – Advanced Micro Devices CEO Lisa ​Su on Thursday said ‌the company has licenses to ship ‌some of its MI 308 chips to China and is prepared to pay a 15% ⁠tax to ‌the U.S. government if it ships them.

Su made ‍the remarks at a conference held by technology publication Wired in San ​Francisco.

U.S. President Donald Trump in ‌August said his administration had reached a deal with Nvidia and AMD under which they could resume shipping some chips to ⁠China in exchange ​for paying a ​15% fee, a move some legal experts argued could ‍violate ⁠the U.S. Constitution’s ban on taxing exports.

(Reporting by Max Cherney in ⁠San Francisco, writing by Stephen Nellis ‌in San Francisco, editing ‌by Chris Reese)