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News

Bessent sees 15% cut on Nvidia, AMD AI chip sales to China

Bloomberg on MSN · 1d
Bessent sees 15% cut on Nvidia, AMD AI chip sales to China 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 U.S.
Fortune on MSN · 1d
Bessent says unusual Nvidia, AMD revenue-sharing deal could be a ‘model’ for other industries
Bessent called the deal “unique,” before suggesting that it could be a lot less unique soon. Scholars have another word: unprecedented.
Yahoo Finance · 2d
Bessent: no security concerns with Nvidia chips in China, revenue will pay debt
U.S. Treasury Secretary Scott Bessent said on Wednesday that there are no national security concerns regarding Nvidia chips in China..
20hon MSN

Trump’s surprise Nvidia deal signals trade shift

President Donald Trump's controversial plan to take a cut of revenue from chip sales to China has US companies reconsidering ...
Cryptopolitan on MSN3d

Trump reverses course on Intel CEO, calls him a success after urging resignation

President Donald Trump met on Monday at the White House with Intel CEO Lip-Bu Tan, just days after demanding that the head of ...
3don MSN

How the world’s most valuable company got caught in the middle of Trump’s spat with China

By Clare Duffy, Phil Mattingly, Lisa Eadicicco, CNN New York (CNN) — Nvidia, the world’s most valuable company, has found ...

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