Treasury Secretary Scott Bessent said the recent deal to allow Nvidia Corp. and Advanced Micro Devices Inc. to resume ...

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

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

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 ...

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 ...

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 ...

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

President Trump stunned many in the tech world after announcing a controversial deal with chipmakers Nvidia and AMD, allowing ...