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

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

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 ...

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

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 ...

US Treasury Secretary Scott Bessent calls the plan for Nvidia Corp. to share 15% of the revenue from sales of its H20 AI accelerator in China with the US government a "unique solution" designed by ...

Diane Brady on Nvidia and AMD’s export deal—which may be unconstitutional. The big story: Trump meets Putin tomorrow, ...