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Treasury Secretary Scott Bessent said the recent deal to allow Nvidia Corp. and Advanced Micro Devices Inc. to resume ...
U.S. Treasury Secretary Scott Bessent said on Wednesday that there are no national security concerns regarding Nvidia chips in China..
Nvidia and its competitor Advanced Micro Devices Inc. (AMD) were reportedly to agree to pay part of their revenue from China ...
Treasury Secretary Scott Bessent said Nvidia’s agreement to share 15% of revenue from sales of [artificial-intelligence chips to China]( ...
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 ...
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 ...
Treasury Secretary Scott Bessent has been granted an extension after failing to fully divest all his assets in compliance ...
President Donald Trump met on Monday at the White House with Intel CEO Lip-Bu Tan, just days after demanding that the head of ...
One dismayed Democratic lawmaker said the move signals to China “that American national security principles are negotiable ...
President Donald Trump's controversial plan to take a cut of revenue from chip sales to China has US companies reconsidering ...
Talk of a 50-basis point cut next month, partly fueled by Treasury Secretary Scott Bessent on Wednesday, has evaporated. The ...