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AI technology

Nvidia CEO Jensen Huang poses for a photo before President Donald Trump speaks during an AI summit at the Andrew W. Mellon Auditorium, Wednesday, July 23, 2025, in Washington. (AP Photo/Julia Demaree Nikhinson)
Aug 11, 2025

US will get a 15% cut of Nvidia and AMD chip sales to China under a new, unusual agreement

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.

Police officers stand guard at the entrance of Lancaster House, where the trade talks between the U.S. and China are taking place, in London, Monday, June 9, 2025. (AP Photo/Kin Cheung)
Jun 9, 2025

The US and China are holding trade talks in London after Trump’s phone call with Xi

U.S. and China officials met in London to revive stalled trade talks, aiming to extend a 90-day tariff truce and address rare earth export concerns.

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