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Facebook's $725M settlement payouts, a U.S. revenue-sharing deal with Nvidia and AMD, Intel stake talks, an AI ...
Treasury Secretary Scott Bessent said the recent deal to allow Nvidia Corp. and Advanced Micro Devices Inc. to resume ...
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Bessent says unusual Nvidia, AMD revenue-sharing deal could be a ‘model’ for other industries
Bessent called the deal “unique,” before suggesting that it could be a lot less unique soon. Scholars have another word: ...
President Donald Trump upended corporate norms this week after Nvidia and AMD agreed to give the US government 15 per cent of their Chinese chip sales in exchange for being awarded export licences.
U.S. Treasury Secretary Scott Bessent said on Wednesday that there are no national security concerns regarding Nvidia chips in China..
Good morning. The U.S. government’s unprecedented 15% revenue-sharing agreement with Nvidia and AMD on Chinese chip sales ...
Nvidia and its competitor Advanced Micro Devices Inc. (AMD) were reportedly to agree to pay part of their revenue from China ...
Why Nvidia’s and AMD’s China deal with Trump could backfire. The companies making the most money from the AI boom are the ...
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'This Is The Way Negotiating Strategies Work': Scott Bessent Embarrasses Himself, Claims Trump's On-And-Off Tariffs Are 'Strategically' Planned
During his testimony before the Senate Finance Committee several weeks ago in June, Treasury Secretary Scott Bessent claimed ...
Treasury Secretary Scott Bessent said Nvidia’s agreement to share 15% of revenue from sales of [artificial-intelligence chips to China]( ...
The US government will use its 15% sales tax on NVIDIA and AMD chips sold to China to pay down US debt, in a new strategic ...
Treasury Secretary Scott Bessent has praised the 15% revenue-sharing agreement between the U.S. government and chip giants Nvidia and AMD.
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