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Benzinga
Benzinga
Business
Kaustubh Bagalkote

Scott Bessent Says Nvidia-AMD China Revenue Deal Could Serve As 'Model' For Other Industries

January,16,,2025,-,Washington,Dc:,The,Senate,Finance,Committee

Treasury Secretary Scott Bessent has praised the 15% revenue-sharing agreement between the U.S. government and chip giants Nvidia Corp. (NASDAQ:NVDA) and Advanced Micro Devices Inc. (NASDAQ:AMD).

Deal Structure Breaks New Ground

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