Treasury Secretary Scott Bessent said the recent deal to allow Nvidia Corp. and Advanced Micro Devices Inc. to resume ...

Speaking on Bloomberg Television, Treasury Secretary said President Donald Trump was the designer of the agreement that ...

Bessent called the deal “unique,” before suggesting that it could be a lot less unique soon. Scholars have another word: ...

Treasury Secretary Scott Bessent has praised the 15% revenue-sharing agreement between the U.S. government and chip giants Nvidia and AMD.

Nvidia and AMD agreeing to give 15% of their China chips revenue back to the U.S. doesn't recall any deal ever struck by the ...

From skimming Nvidia’s China revenue to dictating Apple’s investments, the president’s way of doing business with the private ...

Treasury Secretary Scott Bessent said Nvidia’s agreement to share 15% of revenue from sales of [artificial-intelligence chips to China]( ...

Nvidia and its competitor Advanced Micro Devices Inc. (AMD) were reportedly to agree to pay part of their revenue from China ...

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

The administration first highlighted that the chips had been suitably "tailored", leaving no room for security concerns. When ...

The US government will use its 15% sales tax on NVIDIA and AMD chips sold to China to pay down US debt, in a new strategic ...