Nvidia and AMD have agreed to share 15% of their revenues from chip sales to China with the U.S. government, as part of a deal to secure export licenses for the semiconductors.

The arrangement was first reported by the Financial Times on Sunday. In a press conference today, U.S. President Donald Trump said that he had originally asked Nvidia to provide 20% of the revenue it ...

President Donald Trump has signed an executive order extending tariffs on China for another 90 days. Chip giants Nvidia and AMD have agreed to pay the US government 15% of Chinese revenues as part of ...

The White House confirmed to CNBC that the trade truce brokered in Geneva in May would be renewed for three more months.

President Trump on Monday announced the expected extension of an Aug. 12 deadline for the US and China to make a deal on trade.

Aug 11 - U.S. stock index futures were little changed on Monday as investors geared up for a busy week, while major chip companies seemed caught in the middle of the latest twist in trade policy ahead ...