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News

Bessent Sees Nvidia, AMD China Agreements

Digest more
 · 3d · on MSN
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.

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 · 3d · on MSN
Bessent Sees Nvidia, AMD China Agreements as a Model for Others
 · 3d
Bessent: no security concerns with Nvidia chips in China, revenue will pay debt
2d

There’s a small problem with Trump’s export deal with Nvidia and AMD: The Constitution says it’s illegal

Good morning. The U.S. government’s unprecedented 15% revenue-sharing agreement with Nvidia and AMD on Chinese chip sales ...
3d

Scott Bessent floats rolling out export tax to more industries

President Donald Trump upended corporate norms this week after Nvidia and AMD agreed to give the US government 15 per cent of their Chinese chip sales in exchange for being awarded export licences.
3don MSN

US stock market hits record highs for second day as Fed rate cut bets ignite Dow, S&P 500, Nasdaq rally led by Apple, Nvidia, Tesla

US stock market rally hits new records as investors bet big on a September Fed rate cut after fresh U.S. inflation data ...

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