Disregarding the Constitution’s Export Clause, the Trump administration has struck an unprecedented arrangement to take a 15 percent cut of Nvidia and Advanced Micro Devices’ chip sales to China.

NvidiaNVDA and Advanced Micro DevicesAMD have agreed to give the U.S. government 15% of China chip sale revenue, according to multiple reports. NVDA and AMD fell slightly in premarket trade.The AI ...

Live Updates Live Coverage Updates appear automatically as they are published. Shares of Intel Jump on White House News 8:59 am Shares of Intel jumped about 3% ahead of Intel Chief Executive Lip-Bu ...

U.S. stock futures inched higher on Monday, with gains restrained ahead of key inflation data due later this week. Here are ...

Explore the implications of Nvidia and AMD's 15% revenue payment to the U.S. government for AI chip sales to China, amidst ...