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Trump said Monday that he has cut a deal with chipmaker Nvidia, allowing it to sell certain artificial intelligence chips to China in exchange for a cut of the revenue, which would go to the U.S.
Some in the GOP are unhappy about a deal that will see the US government take a cut of Nvidia and AMD’s China chip sales.
President Trump’s reversal on previously blocked chip sales to China has sparked cries that the White House is selling out America’s security concerns in a bid to raise revenue. Trump on Monday ...
President Trump has become the semiconductor sector’s leading decision maker, from new fees on exports to China to a brief ...
President Donald Trump on Monday confirmed reports that semiconductor giant Nvidia would pay the United States 15 percent of ...
Nvidia and AMD agreed to pay the U.S. government 15% of its revenue from the sale of a certain chips to China. Is that legal?
Intel’s stock is on a roll after a White House meeting that could prove a turning point in the struggling chipmaker’s relationship with the Trump administration.
The White House said on Tuesday that perhaps deals could be expanded to other chip companies after Nvidia and Advanced Micro ...
President Donald Trump’s personal involvement in a deal on U.S. chip sales in China highlights his ongoing determination to directly manage the American economy — an approach that is especially ...
21hon MSNOpinion
Trump is creating a perfect tax for corporate America — one it’ll pay. Here’s what to watch.
When America banned shipping things like computer chips to certain countries because they were dangerous to Americans’ safety ...
The U.S. Treasury is already mentally spending the $3 billion (15% of that $20 billion haul) it expects from Nvidia this year. AMD likely will kick in close to $1 billion from its China revenues.
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