CBS news | 00:38 09-12-2025 | Finance
President Trump has announced that the United States will retain 25% of revenue from sales of cutting-edge Nvidia chips to China. This decision is part of Trump's measures to ensure America's economic interests are safeguarded while engaging in technology trade with Beijing. Nvidia, a powerhouse in the computing and artificial intelligence sector, plays a significant role in this high-stakes geopolitical landscape. The chipmaker's products embody state-of-the-art technological advancements, making their sales a considerable factor in the US-China tech commerce. As such, Trump's directive seems to be aimed at retaining greater control over these highly-valued transactions, protecting US interests and further extending the economic sphere of influence.