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Bessent Sees Nvidia, AMD China Agreements

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.

The Washington Post · 1d

US will get a 15% cut of Nvidia and AMD chip sales to China under a new, unusual agreement

Nvidia and AMD agreed to share 15% of their revenues from chip sales to China with the U.S. government, President Donald Trump confirmed at a press conference on Monday

Bloomberg on MSN · 5h

Bessent Sees Nvidia, AMD China Agreements as a Model for Others

Treasury Secretary Scott Bessent said the recent deal to allow Nvidia Corp. and Advanced Micro Devices Inc. to resume lower-end AI chip sales to China, on the condition they give the US government a 15% cut of the related revenue,

1don MSN

How a once-tiny research lab helped Nvidia become a $4 trillion-dollar company

Nvidia's research lab developed the technology that took the company from a video game GPU startup to a $4 trillion-dollar ...

1don MSN

OpenAI CEO Sam Altman Just Delivered Incredible News For Nvidia Stock Investors

In early August, OpenAI CEO Sam Altman took center stage to showcase the latest version of ChatGPT called GPT-5. While GPT-5 ...

Ars Technica1mon

AI mania pushes Nvidia to record $4 trillion valuation

On Wednesday, Nvidia became the first company in history to reach $4 trillion market valuation as shares rose more than 2 percent, reports CNBC. The GPU maker's stock has climbed 22 percent since ...

Benzinga.com22d

Nvidia Stock Slides As $500B Stargate AI Venture Reportedly Stalls

What To Know: The pressure follows reports that Stargate, the ambitious $500 billion AI infrastructure joint venture between SoftBank and OpenAI, is facing significant delays and has scaled back ...

Hosted on MSN26d

U.S. Reverses Nvidia AI Export Ban as China’s DeepSeek Closes AI Gap ...

Back in April, the U.S. government banned Nvidia’s H20 AI exports to China. As of July 15, the government has reversed its decision. The company is now legally allowed to file for export licenses.

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