Latest news with #revenue-sharing
Yahoo
5 days ago
- Business
- Yahoo
Scott Bessent floats rolling out export tax to more industries
US Treasury secretary Scott Bessent has raised the prospect of the White House rolling out the unprecedented revenue-sharing agreement it
Yahoo
6 days ago
- Business
- Yahoo
Nvidia and AMD Strike Controversial Deal With US -- 15% Cut on China Sales
Nvidia (NASDAQ:NVDA) and Advanced Micro Devices (NASDAQ:AMD) have agreed to a rare revenue-sharing arrangement with the US government, committing 15% of proceeds from certain chip sales to China. The chips Nvidia's H20 AI accelerator and AMD's MI308 were previously restricted under export controls and now require special licenses. The agreement has raised eyebrows among trade experts, who see it as an unusual way to monetize export policy and warn it could face legal challenges under constitutional limits on export taxes. While the administration recently allowed the sale of these lower-spec AI chips to the Chinese market, the model could open the door to similar deals in other industries, creating a new layer of political and regulatory risk. Warning! GuruFocus has detected 5 Warning Signs with NVDA. The development fits into a broader pattern of transactional trade policy since President Donald Trump returned to office, blending tariffs, investment pledges, and high-profile deals with national security provisions. Commerce Secretary Howard Lutnick has been open about the goal of keeping Chinese developers tied to US technology, even as Beijing criticizes the H20's performance and security safeguards. Despite the pushback, limited domestic chip supply could keep Chinese firms in the market, offering Nvidia and AMD both an opportunity and an added cost structure. The current 90-day trade truce between the US and China is set to expire on August 12, though officials have signaled it may be extended as talks continue. Analysts note that the Nvidia and AMD framework could quickly become a template for other targeted sectors, particularly if the White House sees it as a tool to extract revenue while maintaining market access. Legal questions remain, and a separate court challenge is already underway over the administration's use of emergency powers to impose reciprocal tariffs. For investors, the move underscores how policy risk is becoming a more significant factor in global tech supply chains and how quickly government decisions can reshape market dynamics. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
07-06-2025
- Business
- Yahoo
Direct pay to college athletes starts July 1. Some key dates tied to implementation of settlement
FILE - Grant House competes in the men's 200-meter IM final at the TYR Pro Swim Series swim meet on Saturday, June 4, 2022, in Mission Viejo, Calif. (AP Photo/Ashley Landis, File) It took five years for the $2.8 billion antitrust lawsuit against the NCAA and five major conferences to reach a settlement. Now comes the process for implementing it. Following are significant dates: June 6, 2025 Advertisement Settlement approved; settlement-related NCAA rules are effective, as adopted by the NCAA Division I Board on April 21, 2025. June 11, 2025 NIL Go portal launches. June 15, 2025 Opt-in deadline for non-defendant schools to fully commit to revenue sharing. July 1, 2025 First date for direct institutional revenue-sharing payments to student-athletes. July 6, 2025 Opt-in schools must 'designate' student-athletes permitted by the settlement to remain above roster limits. Start of 2025-26 academic year With the exception of the 'designated' student-athletes, fall sports must be at or below roster limits by their first day of competition. Advertisement December 1, 2025 With the exception of 'designated' student-athletes, winter and spring sports must be at or below roster limits by their first day of competition or Dec. 1, whichever is earlier. ___ AP college sports:
