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 11:17 AM

(Refiles to fix capitalization in headline, add period to end of second paragraph)

(Reuters) -The White House said on Tuesday that perhaps deals could be expanded to other chip companies after Nvidia and Advanced Micro Devices 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 >
Oncolytics Biotech Up 2.9% as Its Fourth-Quarter Loss Narrows on a One-Time Gain
Oncolytics Biotech Up 2.9% as Its Fourth-Quarter Loss Narrows on a One-Time Gain
Mar 7, 2024
04:12 PM EST, 03/07/2024 (MT Newswires) -- Oncolytics Biotech ( ONCY ) was up 2.9% in after hours Nasdaq trading after the company on Thursday said its fourth-quarter loss narrowed on a non-cash gain. The development-stage biopharmaceutical company said it lost C$3.9 million, or C$0.05, in the period, compared with a loss of C$8.6 million, or C$0.14, in the year-prior...
Doman Building Materials Reports 2023 Financial Results
Doman Building Materials Reports 2023 Financial Results
Mar 7, 2024
04:14 PM EST, 03/07/2024 (MT Newswires) -- Doman Building Materials Group Ltd. ( CWXZF ) announced Thursday its fourth quarter and full year 2023 financial results for the period ending Dec. 31, 2023. For the year, consolidated revenues were $2.5 billion, compared to $3.0 billion in 2022, with the decrease largely due to the impact of lower construction materials pricing,...
Marvell Technology forecasts first quarter revenue below estimates
Marvell Technology forecasts first quarter revenue below estimates
Mar 7, 2024
March 7 (Reuters) - Chipmaker Marvell Technology forecast first-quarter revenue below market expectations on Thursday, hurt by weak demand for its custom chips used in artificial intelligence applications. The company expects net revenue to be $1.15 billion, plus or minus 5%, compared with estimates of $1.37 billion, according to LSEG data. ...
BioMarin Pharmaceutical Appoints Cristin Hubbard as Chief Commercial Officer
BioMarin Pharmaceutical Appoints Cristin Hubbard as Chief Commercial Officer
Mar 7, 2024
04:12 PM EST, 03/07/2024 (MT Newswires) -- BioMarin Pharmaceutical ( BMRN ) said Thursday it named Cristin Hubbard as chief commercial officer, starting May 20. BioMarin said Hubbard, who most recently served as head of global product strategy at Roche Pharma, will succeed Jeff Ajer. ...
Copyright 2023-2026 - www.financetom.com All Rights Reserved