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 >
After Giorgio Armani, heirs and foundation to steer fashion empire
After Giorgio Armani, heirs and foundation to steer fashion empire
Sep 4, 2025
MILAN, Sept 4 (Reuters) - Italian designer Giorgio Armani established one of the world's most famous fashion businesses over the past five decades, and his death announced on Thursday inevitably raises questions about the future of a company whose independence he cherished. Giorgio Armani was the sole major shareholder of the company he set up with his late partner Sergio...
Bank of America Units to Launch New Alternative Investments Program for Wealthy Clients
Bank of America Units to Launch New Alternative Investments Program for Wealthy Clients
Sep 4, 2025
09:58 AM EDT, 09/04/2025 (MT Newswires) -- Bank of America ( BAC ) units Merrill Wealth Management and Bank of America Private Bank said Thursday they plan to launch a private market program for clients with a net worth of at least $50 million. The Alts Expanded Access Program, which will start in the fall, is intended to compliment the...
Update: Ciena Shares Advance Amid Higher Fiscal Q3 Adjusted Earnings, Revenue
Update: Ciena Shares Advance Amid Higher Fiscal Q3 Adjusted Earnings, Revenue
Sep 4, 2025
09:57 AM EDT, 09/04/2025 (MT Newswires) -- (Updates with the latest stock movement in the headline and first paragraph.) Ciena (CIEN) shares were up more than 25% in recent Thursday trading after the company posted higher fiscal Q3 adjusted earnings and revenue. The company reported fiscal Q3 adjusted net income of $0.67 per diluted share, up from $0.35 a year...
Silvaco Appoints Chris Zegarelli as CFO
Silvaco Appoints Chris Zegarelli as CFO
Sep 4, 2025
10:00 AM EDT, 09/04/2025 (MT Newswires) -- Silvaco ( SVCO ) said Thursday it has appointed Chris Zegarelli as its chief financial officer, starting Sept. 15. Zegarelli previously served as senior vice president of finance at Infineon Technologies, the company said. Price: 5.08, Change: -0.02, Percent Change: -0.49 ...
Copyright 2023-2026 - www.financetom.com All Rights Reserved