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Treasury Secretary Scott Bessent said the recent deal to allow Nvidia Corp. and Advanced Micro Devices Inc. to resume ...
Bessent called the deal “unique,” before suggesting that it could be a lot less unique soon. Scholars have another word: ...
Treasury Secretary Scott Bessent has praised the 15% revenue-sharing agreement between the U.S. government and chip giants Nvidia and AMD.
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.
The president’s latest financial disclosure lays out significant investments in a sector where he has exerted unprecedented ...
U.S. Treasury Secretary Scott Bessent said on Wednesday that there are no national security concerns regarding Nvidia chips in China..
Treasury Secretary Scott Bessent said Nvidia’s agreement to share 15% of revenue from sales of [artificial-intelligence chips to China]( ...
Nvidia and its competitor Advanced Micro Devices Inc. (AMD) were reportedly to agree to pay part of their revenue from China ...
Diane Brady on Nvidia and AMD’s export deal—which may be unconstitutional. The big story: Trump meets Putin tomorrow, ...
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 ...
While Bessent stated that the US could hold discussions with Beijing over the use of Nvidia chips, he thinks China will ...