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News

Bessent Sees Nvidia, AMD China Agreements

CBS News on MSN · 1d
Nvidia, AMD to pay U.S. government 15% of China AI chip sales in an unusual export agreement
The agreement between the chipmakers and the U.S. government will allow Nvidia and AMD to obtain export licenses to resume sales to China.
Bloomberg on MSN · 12m
Bessent sees Nvidia, AMD China agreements as a model for others
WASHINGTON] US Treasury Secretary Scott Bessent said the recent deal to allow Nvidia and Advanced Micro Devices (AMD) to resume lower-end AI chip sales to China, on the condition they give the US government a 15 per cent cut of the related revenue,
CNN on MSN · 1d
Nvidia and AMD will give US 15% of China sales. But Chinese state media warns about their chips
Nvidia and AMD have agreed to pay the US government 15% of their revenues from semiconductor sales to China in exchange for export licenses, an unprecedented quid pro quo arrangement aimed at solidifying America’s AI business dominance while maintaining trade ties with China.
1d

Lisa Su Runs AMD—and Is Out for Nvidia’s Blood

While everyone else has been talking about Nvidia’s GPUs, Lisa Su has discreetly turned AMD into a chipmaking phenom. And as ...
1don MSN

Mark Cuban is lauding Trump for how the POTUS has handled China and Nvidia

Nvidia and AMD are expected to pay the US government 15% of their China chip sales revenues.

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