US EditionUS Export Levy Targeting Nvidia and AMD May Expand to Other Semiconductor Firms
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Business TimesBessent sees Nvidia, AMD China agreements 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 US government a 15% cut of the related revenue, could serve as a model for others.
US export levy targeting Nvidia and AMD may expand to other semiconductor firms
The White House confirmed on August 12, 2025, that the Trump administration is still finalizing details around a 15% "export levy" applied to Nvidia and AMD's AI chip sales to China, with potential plans to extend this policy to other semiconductor companies.
Bessent Sees Nvidia, AMD China Agreements 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 US government a 15% cut of the related revenue, could serve as a model for others.
The U.S. Treasurer's river secret defends that, for now, the examples of Nvidia and AMD s s s nichos have left the door open so that other American companies can export products through a share of the revenue with the government.
Markus Koch about what is becoming important today on Wall Street: a central point here is a 15% export tax not only for Nvidia, but also for other US tech companies. In addition, his assessments of yesterday's inflation and interest rates: The post Markus Koch to Wall Street: Nvidia Export Tax soon became the norm? appeared first on finanzmarktwelt.de.
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