on August 13, 2025 at 9:02 pm Bessent Sees Nvidia, AMD China Agreements as a Model for Others​
on August 13, 2025 at 9:02 pm Bessent Sees Nvidia, AMD China Agreements as a Model for Others​
Treasury Secretary Scott Bessent said the recent deal to allow Nvidia Corp. and Advanced Micro Devices Inc. to resume lower-end AI chip sales to China, on the condition they give the US government a 15% cut of the related revenue, could serve as a model for others.
Treasury Secretary Scott Bessent said the recent deal to allow Nvidia Corp. and Advanced Micro Devices Inc. to resume lower-end AI chip sales to China, on the condition they give the US government a 15% cut of the related revenue, could serve as a model for others.







