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Shakedown list: Nvidia 15% of revenue AMD 15% of revenue Intel 10% of capital Who else is next?
by hbarka 1y ago
Shakedown list:
Nvidia 15% of revenue
AMD 15% of revenue
Intel 10% of capital
Who else is next?
- sigwinch 1y agoRare earth miner MP Materials back on July 10. Next feels like TikTok or Fox News.
- giobox 1y agoA deal for 15 percent of revenues of specific AMD and NVidia part sales in China != 15 percent of all their revenues, not even close.
- aabhay 1y agoDemanding 15% of H20, causing China to retaliate and ban it, causing Nvidia to halt production. In terms of net effect, it’s atrocious regardless.
- colechristensen 1y agoI'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.
- deleted 1y ago[deleted]
- favflam 1y agoJust 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).
- thisisit 1y agoWith 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?