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Nvidia, AMD to pay 15% of China chip sale revenues to U.S., official says [BNN Bloomberg (Canada)]

NVIDIA Corporation (NVDA)  More Company Research Source: BNN Bloomberg
Last nvidia corporation earnings: 2/13 04:20 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.nvidia.com/home/default.aspx
U.S. President Donald Trump‘s administration halted sales of H20 chips to China in April, but Nvidia announced last month that Washington had said it would allow the company to resume sales and it hoped to start deliveries soon. Another U.S. official said on Friday that the Commerce Department had begun issuing licences for the sale of H20 artificial intelligence chips to China. Shares of Nvidia and AMD fell 1.8% and 3.3% respectively in pre-market trade on Monday. The deal to pay the U.S. government from sales in China is unusual for a president, and marks Trump's latest intervention in corporate decision-making. He harangues company executives to invest in America to shore up domestic jobs and manufacturing, and demanded last week new Intel INTC.O CEO Lip-Bu Tan immediately resign, calling him “highly conflicted” due to his ties to Chinese firms. “It's wild,” said Geoff Gertz, a senior fellow at Center for New American Security, an independent think tank in Washington, D. [Read more]
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Stockreport

Nvidia, AMD to pay 15% of China chip sale revenues to U.S., official says [BNN Bloomberg (Canada)]

NVIDIA Corporation  (NVDA) 
More Company Research Source: BNN Bloomberg
Last nvidia corporation earnings: 2/13 04:20 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.nvidia.com/home/default.aspx
U.S. President Donald Trump‘s administration halted sales of H20 chips to China in April, but Nvidia announced last month that Washington had said it would allow the company to resume sales and it hoped to start deliveries soon. Another U.S. official said on Friday that the Commerce Department had begun issuing licences for the sale of H20 artificial intelligence chips to China. Shares of Nvidia and AMD fell 1.8% and 3.3% respectively in pre-market trade on Monday. The deal to pay the U.S. government from sales in China is unusual for a president, and marks Trump's latest intervention in corporate decision-making. He harangues company executives to invest in America to shore up domestic jobs and manufacturing, and demanded last week new Intel INTC.O CEO Lip-Bu Tan immediately resign, calling him “highly conflicted” due to his ties to Chinese firms. “It's wild,” said Geoff Gertz, a senior fellow at Center for New American Security, an independent think tank in Washington, D. [Read more]
IMPACT SNAPSHOT
EVENT TIME:
NVDA
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Price Change %
Volume Shares
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Max Down
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%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
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Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
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%
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%
VOLUME (SHARES)
TICKS
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EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
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