Treasury Secretary Scott Bessent has praised the 15% revenue-sharing agreement between the U.S. government and chip giants Nvidia and AMD.

WASHINGTON] US Treasury Secretary Scott Bessent said the recent deal to allow Nvidia and Advanced Micro Devices (AMD) to ...

Bessent called the deal “unique,” before suggesting that it could be a lot less unique soon. Scholars have another word: ...

The US government will use its 15% sales tax on NVIDIA and AMD chips sold to China to pay down US debt, in a new strategic ...

Nvidia and its competitor Advanced Micro Devices Inc. (AMD) were reportedly to agree to pay part of their revenue from China ...

President Donald Trump's controversial plan to take a cut of revenue from chip sales to China has US companies reconsidering ...

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 AMD have agreed to pay the US government 15% of their revenues from semiconductor sales to China in exchange for ...

President Donald Trump met on Monday at the White House with Intel CEO Lip-Bu Tan, just days after demanding that the head of ...

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 ...