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News

Bessent Sees Nvidia, AMD China Agreements

CNBC on MSN · 1h
What experts say about Nvidia and AMD paying the U.S. government 15% of China AI chip sales
Nvidia and AMD have agreed to pay 15% of revenue from chip sales to China to the U.S. government. That has sparked a debate about whether the move could impact the chip giants’ business and whether Washington might seek out similar deals.
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
CNN on MSN · 2d
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.
2don MSN

Nvidia, AMD agree to pay U.S. government 15% of AI chip sales to China

The arrangement is highly unusual, as U.S. tech export controls are usually based on national security, rather than whether ...
The Daily Express on MSN8h

Trump AI deal with China sparks national security concern in Congress

Democrats in Congress are raising concerns over Trump's new deal with China, suggesting it raises national security concerns.

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