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
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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 defends taking 15% cut of Nvidia, AMD chip sales to China
No, this is an old chip that China already has,” Trump said of Nvidia’s H-20 processor, adding that “China already has it in a different form…” …
What Trump’s Nvidia and AMD China deal means for the world
The arrangement crafted by the Trump administration is “unusual,” analysts told CNBC, but underscores the transactional nature of the current White House leader.
Nvidia, AMD to pay U.S. 15% of AI chip sales in China to secure export licenses
CNBC’s Eamon Javers joins ‘Halftime Report’ to discuss the latest trade negotiation headlines from Trump’s morning presser.
US 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.
Nvidia, AMD Agree to Pay 15% of China Chip Revenues to US
Nvidia and Advanced Micro Devices have agreed to pay 15% of their China chip revenues to the U.S. government in exchange for export licenses.
China volumes, tariff anxiety helps surging US container imports challenge ’22 record
Imports of containerized cargo through U.S. ports finished just shy of a monthly record in July, headlined by a recovery of China shipments through the busiest American gateways. The post China volumes,
Trump is calling Wall Street’s bluff on tariffs
Trump always chickens out — earlier this year to describe President Donald Trump’s on-again, off-again position on tariffs. Trump liked to impose hefty import taxes but would inevitably back off when markets plunged,
China Rare Earth Group, Ant Group quash reports of joint stablecoin effort with PBOC
China Rare Earth Group, Ant Group, and the People’s Bank of China (PBoC) have come forward to deny rumors that claim they plan to launch a joint effort to …
