The United States and China clashed over the Panama Canal at the United Nations on Monday, with the U.S. warning that Beijing’s influence over the key waterway could threaten global trade and security and China…
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US and China agree to critical extension, preventing tariff surge on the world’s two largest economies
The United States and China agreed to pause tariff hikes on each other’s goods for an additional 90 days, a White House official told CNN. Without the agreement, tariffs were set to immediately surge,
Wall Street stocks end down, inflation data, China trade in focus
Traders took a step back after the S&P 500 and the Nasdaq last week logged their strongest weekly performances in more than a month.
Trump says he wanted 20% cut of Nvidia’s China sales, but Jensen Huang begged for 15%
Donald Trump said on Monday that he started negotiations with Nvidia, demanding a 20% cut of its sales to China, but agreed to 15% after CEO Jensen Huang
Singaporean semiconductor equipment maker ASMPT to close Shenzhen plant, axe 950 workers
ASMPT is expected to incur a one-time restructuring charge of US$50 million, covering severance, shutdown costs and inventory write-offs.
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.
Nvidia Nears 52-Week High As AI Frenzy, China Chip Export Deal Drive Momentum
Nvidia Corp. (NASDAQ:NVDA) traded Monday just shy of its 52-week high of $183.88, driven by ongoing artificial intelligence optimism and a major resolution in its China chip export dispute. The …
U.S. will get a 15% cut of Nvidia and AMD chip sales to China under a new, unusual agreement
Nvidia and AMD agreed to share 15% of their revenues from chip sales to China with the U.S. government, President Donald Trump confirmed at a press conference on Monday …
Trump pushes back China tariff deadline yet again, says gold won’t be hit
President Trump has signed an executive order extending the freeze on high U.S. tariffs against Chinese goods for 90 more days, according to a White House
Trump extends US-China tariff relief for 90 days
President Donald Trump has signed an executive order extending the pause on U.S. tariffs on Chinese goods for another 90 days, a White House official told CNBC on Monday.
Nvidia and AMD to pay 15% of China chip sale revenue to US government in an unusual agreement
NEW YORK (AP) — Nvidia and AMD agreed to share 15% of their revenues from chip sales to China with the U.S. government, a U.S. government official has confirmed.
Trump opens door to sales of version of Nvidia’s next-gen AI chips in China
U.S. President Donald Trump on Monday suggested he might allow Nvidia to sell a scaled-down version of its next-generation advanced GPU chip in China, despite deep-seated fears in Washington that …
Nvidia, AMD to pay U.S. government 15% of AI chip sales to China
The agreement between the chipmakers and the U.S. government will allow Nvidia and AMD to obtain export licenses to resume sales to China.
