Bessent says unusual Nvidia, AMD revenue-sharing deal could be a ‘model’ for other industries
Wednesday, 13 August 2025 ()
President Donald Trump surprised markets on Monday with a deal that was widely characterized as unusual: Nvidia and AMD will contribute 15% of their chip sales in China to the U.S. government. Treasury Secretary Scott Bessent has leaned into this new export revenue-sharing deal, saying it could…
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