financetom
Business
financetom
/
Business
/
White House says chips deals could perhaps expand to other companies
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
White House says chips deals could perhaps expand to other companies
Aug 12, 2025 10:52 AM

Aug 12 (Reuters) - The White House said on Tuesday that

perhaps deals could be expanded to other chip companies after

Nvidia ( NVDA ) and Advanced Micro Devices ( AMD ) agreed to

give the U.S. government 15% of revenue from sales to China of

certain advanced chips.

"It stands with these two companies, perhaps it could expand

in the future to other companies. I think it's a creative idea

and solution," press secretary Karoline Leavitt said during a

press briefing.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2026 - www.financetom.com All Rights Reserved