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Bessent sees 15% cut on Nvidia, AMD AI chip sales to China as a model for others
bostonherald.com/2025/08/13/bessent-sees-15-cut-on-nvidia-amd-ai-chip-sales-to-china-as-a-model-for-others
Treasury Secretary Scott Bessent said the recent deal to allow Nvidia Corp. and Advanced Micro Devices Inc. to resume lower-end AI chip sales to China, on the condition they give the U.S. government a 15% cut of the related revenue, could serve as a model for others.
“I think we could…
This story appeared on bostonherald.com, 2025-08-13 20:27:02.