Instant News and Commentaries
White House Mulls Expanding Chip Export Tax to More Firms
The White House stated on Tuesday that the US government is still formulating the specific details of a 15% export tax on NVIDIA (NVDA.US) and AMD (AMD.US), and it may involve more companies.

A spokesperson mentioned that the agreement only targets the two aforementioned companies at the moment, but it may be expanded to other companies in the future.

The US Department of Commerce is still studying its legality and mechanism, with the specifics of implementation yet to be determined.
~

AASTOCKS Financial News
Website: www.aastocks.com

 

Information Provided by [Disclaimer]