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With Nvidia's Q2 earnings in sight, Trump deal could boost outlook
President Trump has confirmed that the US government will receive 15% of the sale of Nvidia's ( NVDA) H20 chips to China. The move, along with a similar one that will see rival Advanced Micro Devices ( AMD) turn over 15% of its China revenue, adds an interesting wrinkle to Nvidia's upcoming earnings schedule for Aug. 27.
Trump’s Pay-to-Play Chip Deal: Nvidia, AMD to Share China Revenue with U.S. Government
A Groundbreaking and Controversial Arrangement Nvidia (NASDAQ:NVDA) and Advanced Micro Devices (NASDAQ:AMD), two of the world’s leading semiconductor companies, have agreed to an extraordinary deal with the Trump administration,
Beijing has reportedly sent notices to a range of firms, including state enterprises and private companies, discouraging ...
Nvidia faces significant headwinds in China, losing a key revenue stream due to export restrictions and a 15% export tax on ...
Technology Technology The Big Story Trump’s Nvidia, AMD deal prompts security concerns President Trump’s reversal on ...
Nvidia Corp. and Advanced Micro Devices Inc. will give 15% of their chip revenue from sales in China to the U.S. government ...
U.S.-China trade tensions and new revenue-sharing rules impact Nvidia Corporation & Advanced Micro Devices, Inc.'s AI chip ...
According to analysts at Capital Economics in a note, despite near-term headwinds, the near-term outlook for Chinese equities “could be quite positive.”The firm noted that it was a good day for ...
Keithen Drury has positions in Alphabet, Meta Platforms, and Nvidia. The Motley Fool has positions in and recommends Alphabet ...
Nvidia and AMD have reportedly struck an unprecedented deal with Washington to pay 15% of revenues from certain chip sales to ...
China has sent notifications to firms advising them against buying Nvidia’s H20 chips, notably those with any government ...
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