News

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 ...

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.

Why Nvidia and AMD’s China pay-to-play deal with Trump could backfire

Why Nvidia’s and AMD’s China deal with Trump could backfire. The companies making the most money from the AI boom are the ...

Why Trump’s Pay-for-Play Chips Deal May Not Be the Last

The Trump administration’s unorthodox Chinese export pact with Nvidia and Advanced Micro Devices is worrying trade experts.

U.S.-China chip war: How Trump’s Nvidia-AMD deal has redefined Washington’s export control policy

One dismayed Democratic lawmaker said the move signals to China “that American national security principles are negotiable ...

Bessent: no security concerns with Nvidia chips in China, revenue will pay debt

U.S. Treasury Secretary Scott Bessent said on Wednesday that there are no national security concerns regarding Nvidia chips in China..

Van Hollen accuses Trump of pay-to-play on chips

President Trump is raking up global support in his push for a Nobel Peace Prize — garnering nominations from Pakistan, ...