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Nvidia, AMD to pay US government 15% of revenue from AI chip exports to China
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 generates from Chinese customers. Jensen Huang, the chipmaker’s Chief Executive Officer, negotiated a 5% discount.
Speaking on Bloomberg Television, Treasury Secretary said President Donald Trump was the designer of the agreement that ...
Huang's stock sales are minimal in relation to his overall position in Nvidia Although Nvidia's CEO has been selling shares this year, there are a couple of reasons investors shouldn't be ...
Nvidia's CEO has sold millions of dollars worth of his company's shares this year, and he's not done selling yet.
Meanwhile, Nvidia is reporting excellent sales growth, and its market cap has recently hit $4 trillion, over and above other Wall Street darlings. At the same time, Nvidia’s CEO Jensen Huang is ...
Nvidia and AMD are both set to benefit from easing export restrictions to China. Nvidia remains the GPU leader, and this news should add billions in sales for the company. AMD has a big ...
The majority of it comes from the Bayan Obo mine in Inner Mongolia — one of the largest rare-earth element deposits in the world. Getting access to that and other rare earths was the centerpiece of ...
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