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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 · 6h
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
CBS News on MSN · 1d
Nvidia, AMD to pay U.S. government 15% of China AI chip sales in an unusual export agreement
The agreement between the chipmakers and the U.S. government will allow Nvidia and AMD to obtain export licenses to resume sales to 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 ...
1d

Trump’s administration halted the sale of advanced computer chips to China back in April over national security concerns.

Nvidia and AMD have agreed to share 15% of their revenues from chip sales to China with the U.S. government, as part of a ...

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