6 days ago
- Business
- Wall Street Journal
U.S. Could Do More Nvidia-Style Deals Taking a Cut of Revenue, Bessent Says
Treasury Secretary Scott Bessent said Nvidia's agreement to share 15% of revenue from sales of artificial-intelligence chips to China with the U.S. government could be a template for other industries.
'I think we could see it in other industries over time. I think right now this is unique, but now that we have the model, and the beta test, why not expand it?' he said in an interview with Bloomberg TV Wednesday.
