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Bessent says unusual Nvidia, AMD revenue-sharing deal could be a ‘model’ for other industries
fortune.com/2025/08/13/bessent-nvidia-amd-china-deal-model-beta-test-other-industries
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…
This story appeared on fortune.com, 2025-08-14 10:24:19.905000.