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Trump has signaled willingness to allow sales of a less capable version of Nvidia's AI chips in China, with U.S. receiving 15% revenue share, sparking debate on trade and security.
For tech CEOs, having an investment banker playing the role of president has its advantages. President Donald Trump is ...
NEW YORK (AP) — 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 deal to secure export licenses for the semiconductors.
Shares of Nvidia (NASDAQ: NVDA) surged in July, jumping 12.6%, according to data supplied by S&P Global Market Intelligence.
The agreement between the chipmakers and the U.S. government will allow Nvidia and AMD to obtain export licenses to resume ...
The Trump administration has reached a deal with American chipmakers Nvidia and AMD to sell two semiconductors to China in ...
The US has sought to maintain its sovereignty in AI, citing national security concerns and financial motivations.
Nvidia and AMD can sell AI chips to China again—but President Trump now takes a 15% cut off the top. Click here for more ...
Nvidia Corp. (NASDAQ:NVDA) traded Monday just shy of its 52-week high of $183.88, driven by ongoing artificial intelligence ...
President Donald Trump extended a pause of sky-high tariffs on Chinese goods for another 90 days into early November, ...
U.S. stocks are drifting near their record heights as Wall Street waits for an upcoming update on inflation. The S&P 500 was ...
The arrangement was first reported by the Financial Times on Sunday. In a press conference today, U.S. President Donald Trump said that he had originally asked Nvidia to provide 20% of the revenue it ...