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Treasury Secretary Scott Bessent said the recent deal to allow Nvidia Corp. and Advanced Micro Devices Inc. to resume ...
18hon MSN
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: ...
Treasury Secretary Scott Bessent has praised the 15% revenue-sharing agreement between the U.S. government and chip giants Nvidia and AMD.
Diane Brady on Nvidia and AMD’s export deal—which may be unconstitutional. The big story: Trump meets Putin tomorrow, ...
Nvidia and its competitor Advanced Micro Devices Inc. (AMD) were reportedly to agree to pay part of their revenue from China ...
Crypto campaign cash is looming over former Banking Chair Sherrod Brown’s Senate comeback bid in the Buckeye State.
The arrangement raised worries about a U.S. AI chip firm seemingly buying access into China with national security taking a ...
2hon MSN
U.S.-China chip war: How Trump’s Nvidia-AMD deal has redefined Washington’s export control policy
One dismayed Democratic lawmaker said the move signals to China “that American national security principles are negotiable for the right fee." ...
Treasury two-year yields dropped five basis points to 3.68%. The dollar fell against most major currencies. While the S&P 500 ...
Treasury Secretary Scott Bessent said Nvidia’s agreement to share 15% of revenue from sales of artificial-intelligence chips to China with the U.S. government could be a template for other industries.
The pound hit a month high after better-than-expected GDP figures, Wall Street keeps hitting record eyes and all eyes are on US President Donald Trump’s meeting with his Russian counterpart tomorrow.
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