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U.S. Treasury Secretary Says Nvidia's Revenue-Sharing Deal Could Expand to Other Industries
Nvidia and its competitor Advanced Micro Devices Inc. (AMD) were reportedly to agree to pay part of their revenue from China to the U.S. government as part of a deal the Trump administration to secure export licenses.
President Trump is raking up global support in his push for a Nobel Peace Prize — garnering nominations from Pakistan, ...
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.
Experts and people familiar with the matter said the surprise deal, in which Nvidia Corp. and Advanced Micro Devices Inc.
Trump said Monday that he has cut a deal with chipmaker Nvidia, allowing it to sell certain artificial intelligence chips to ...
Nvidia and AMD may well be willing to accept a 15 per cent kickback as the cost of doing business in Trump’s Washington. But as American companies that generate the plurality of their revenue in the ...
Bloomberg on MSN1d
Bessent Says Nvidia 15% Model Could Be Used Elsewhere
US Treasury Secretary Scott Bessent calls the plan for Nvidia Corp. to share 15% of the revenue from sales of its H20 AI accelerator in China with the US government a "unique solution" designed by ...
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