The US is open to discussing with China the use of Nvidia chips, Treasury Secretary
- Revenue from the Nvidia arrangement can go to pay down debt, Bessent says
- The US doesn’t want Huawei to have a “digital belt and road”
- A lot of Chinese tech is “piggybacking” from the US
- President Trump came up with the idea of getting a share of chip sales to China, Bessent adds
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Trump Confirms Nvidia to Pay 15% of H20 Chip China Sales
WATCH: US Treasury Secretary Scott Bessent discusses the plan for Nvidia Corp. to share 15% of the revenue from sales of its H20 AI accelerator in China with the US government. Source: Bloomberg
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