frontpage.
newsnewestaskshowjobs

Made with ♥ by @iamnishanth

Open Source @Github

fp.

Open in hackernews

Does the Nvidia "Revenue Sharing Agreement" Tie the US Gov't Hands?

5•DivingForGold•2h ago
The largest US company by market cap, Nvidia has a “Revenue Sharing Agreement” with the US Gov't. It is reported the deal was cut directly between Huang and Trump. This has been characterized as an “unprecedented move” related to national security export controls, whereby Nvidia (and AMD) agreed to pay the U.S. government 15% of the revenue generated from the sale of certain AI chips (specifically, in this case, the H20 chip) to China. This has been characterized as not a traditional investment, but a “condition for receiving export licenses”. Certainly Nvidia obtaining Groq in the “creative” manner used isn't a traditional investment either. Call it what you like, but in law any party (most significantly in this case the US Gov't) that stands to benefit from Nvidia sales - - and therefore, any negative action to the contrary, which would curtail or damage Nvidia's sales, which would then be perceived as damaging stockholder value, potentially exposing both to a lawsuit for damages ? Therefore, could it be assumed that the US Gov't has put itself in an interesting position of being constrained from doing anything that might damage Nvidia's stock value, such as the DOJ filing an antitrust action or suit against Nvidia ? Even the mere mention of an investigation could result in loss of value of Nvidia stock. It could be debated that the US Gov't entering into these kinds of deals potentially hamstrings enforcement efforts, which enforcement should take precedence over revenue. Instead of “creative regulatory evasion”, perhaps the US Gov't is now in a position of “creative regulatory liability and entanglement.” Already trade experts and legal analysts have raised concerns about the legality and potential constitutional issues, suggesting it could also be seen as an export tax, which is prohibited by the U.S. Constitution.

In general terms it is difficult to sue the US Gv't due to sovereign immunity, but investors in Fannie Mae and Freddie Mac won a significant legal victory when a federal jury awarded them $612.4 million in damages in August 2023, finding the Federal Housing Finance Agency (FHFA) improperly changed stock purchase agreements (the "Net Worth Sweep") in 2012, breaching good faith and destroying shareholder value by funneling profits to the Treasury instead of recovering shareholders.

Comments

delichon•2h ago
Sharing isn't the right word when "negotiating" with a rapacious power that has all of the leverage. Seizing is.

Why do fact-based debate platforms keep failing?

https://fact2check.com/
1•DTutorin•48s ago•1 comments

Stay on top of your inbox in 2013

https://ploum.net/stay-on-top-of-your-inbox-in-2013/index.html
1•gurjeet•1m ago•0 comments

Tiny, types-first schema validation for TypeScript

https://github.com/easrng/schema
1•todsacerdoti•6m ago•0 comments

I shipped 30 AI projects in 30 days – here's the data

https://franciscoperez.surge.sh/blog/30-days-retrospective.html
1•akercitocoder•7m ago•1 comments

The New Generation Won't Type for You

1•cellis•9m ago•0 comments

Bypassing a Clever CD-Check

https://www.davidschlachter.com/misc/no-cd-patch
1•dddddaviddddd•9m ago•0 comments

The Dream of the Universal Library

https://asteriskmag.com/issues/12-books/the-dream-of-the-universal-library
1•mitchbob•10m ago•0 comments

Gary Graffman, Piano Virtuoso and Renowned Teacher, Dies at 97

https://www.nytimes.com/2025/12/27/arts/music/gary-graffman-dead.html
2•paulpauper•11m ago•0 comments

Munich's surfers foiled again as authorities remove access to famous river wave

https://www.theguardian.com/world/2025/dec/28/munichs-surfers-foiled-again-as-authorities-remove-...
2•n1b0m•11m ago•1 comments

IPU

https://www.graphcore.ai/bow-processors
1•peter_d_sherman•13m ago•1 comments

Iran launches 3 satellites into space from Russia, state television reports

https://www.scmp.com/news/world/middle-east/article/3337956/iran-launches-3-satellites-space-russ...
1•giuliomagnifico•13m ago•0 comments

ChatGPT: Excellent Paper Accept It. Editor: Imposter Found Review Rejected

https://arxiv.org/abs/2512.20405
1•belter•13m ago•0 comments

Deathbed Advice/Regret

https://hazn.com/deathbed-regret
1•paulpauper•14m ago•0 comments

Brian Greene and Ed Witten discuss string theory [video]

https://www.youtube.com/watch?v=sAbP0magTVY
1•paulpauper•15m ago•0 comments

AMD and Nvidia GPU price hikes may reach AIB cards in Jan-Feb 2026

https://videocardz.com/newz/board-channels-amd-and-nvidia-gpu-price-hikes-may-reach-aib-cards-in-...
1•akyuu•16m ago•0 comments

Solve Hi-Q with AlphaZero and Curriculum Learning

https://www.robw.fyi/2025/12/28/solve-hi-q-with-alphazero-and-curriculum-learning/
1•todsacerdoti•16m ago•0 comments

Hacker News made out of prime numbers

https://dosaygo-studio.github.io/prime-news/index.html
7•keepamovin•18m ago•2 comments

Just No

https://scalability.org/no-just-no/
1•hpcjoe•20m ago•2 comments

The World State: Capture the current state of the world as a piece of art

https://arpanmondalz.github.io/world-state-art/
1•zdw•21m ago•0 comments

Show HN: A new type of personality test using the k-nearest neighbors algorithm

https://openpsychometrics.org/tests/NNPMS/
1•jorgyak•22m ago•1 comments

How much would you pay for precise auto refactoring?

1•hackerchoda•25m ago•1 comments

Why Minas Tirith Was a War Machine

https://www.youtube.com/watch?v=K0sRNqfiwfw
1•bane•26m ago•0 comments

Agent Conductor – CLI orchestrator for multi-agent tmux sessions

https://github.com/gaurav-yadav/agent-conductor
1•rainmod•30m ago•0 comments

From mineral resources to oil and nuclear: the twilight of the Industrial Age

https://thehonestsorcerer.substack.com/p/2025-the-year-of-peak-everything
2•ambientenv•30m ago•0 comments

The Málaga virus: The code that haunted Google's security director

https://english.elpais.com/technology/2025-12-23/the-story-of-the-malaga-virus-the-code-that-haun...
2•virgulino•31m ago•0 comments

Graffiti Garden: build a wide variety of custom social apps with front end code

https://graffiti.garden/
1•bryanrasmussen•32m ago•0 comments

How Email Works: Behind the Screen

https://sushantdhiman.substack.com/p/how-email-actually-works-ep-1-behind
1•signa11•33m ago•0 comments

Asus ROG Laptops Are Broken by Design: A Forensic Deep Dive

https://drive.google.com/drive/folders/10V3AQH06WU14AhKAo0fmqk_JjBvXZmSf
1•signa11•35m ago•0 comments

2 in 3 Americans think AI will cause major harm to humans in the next 20 years [pdf]

https://www.pewresearch.org/wp-content/uploads/sites/20/2025/03/pi_2025.04.03_us-public-and-ai-ex...
18•randycupertino•37m ago•7 comments

The Sweet Tooth Trial

https://www.sciencedirect.com/science/article/pii/S0002916525005921
2•PaulHoule•37m ago•0 comments