News Score: Score the News, Sort the News, Rewrite the Headlines

Nvidia Can’t Pay US 15% Unless Trump’s Plan Formalized, CFO Says

An unconventional plan by the Trump administration to charge a 15% commission on Nvidia Corp. AI chip sales to China hasn’t progressed beyond the early stages and could pose legal risks, according to the company. The US government hasn’t indicated how it will put regulations in place that require the chipmaker to make the payments, Nvidia said late Wednesday. Discussions between Nvidia and the government are ongoing, according to Chief Financial Officer Colette Kress....

Read more at bloomberg.com

© News Score  score the news, sort the news, rewrite the headlines