Nvidia had to write off $4.5 billion due to the ban in Q1, with an additional $8 billion hit expected in Q2, while AMD reported an $800 million loss in Q2.

I think we could see it in other industries over time,” Treasury Secretary Scott Bessent said, with the revenue going to pay ...

Nvidia stock was falling as Advanced Micro Devices gained. One analyst says the reigning chip leader will soon face a bigger ...

Nvidia stock is trading flat on the Trump China AI chips move, but rival AMD's shares have rallied on the latest development.

President Trump’s reversal on previously blocked chip sales to China has sparked cries that the White House is selling out America’s security concerns in a bid to raise revenue. Trump on Monday agreed ...

Nvidia and AMD agreed to pay the U.S. government 15% of its revenue from the sale of a certain chips to China. Is that legal?

Chip giants Nvidia and AMD have agreed to pay the US government 15% of Chinese revenues as part of an "unprecedented" deal to ...

Nvidia and AMD have agreed to pay the US government 15% of their revenues from semiconductor sales to China in exchange for ...

Critics say the arrangement risks invalidating the national security rationale for US export controls. Read more at ...

The arrangement is highly unusual, as U.S. tech export controls are usually based on national security, rather than whether ...

Nvidia last month announced the US said that it would allow the company to resume sales and it hoped to start deliveries soon ...

Unprecedented deals could prompt Trump administration to target other industries and goods. Read more at straitstimes.com.