Nvidia, AMD to pay U.S. government 15% of AI chip sales to China
The agreement between the chipmakers and the U.S. government will allow Nvidia and AMD to obtain export licenses to resume sales to China.
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The agreement between the chipmakers and the U.S. government will allow Nvidia and AMD to obtain export licenses to resume sales to China.
The Trump administration has reached a deal with American chipmakers Nvidia and AMD to sell two semiconductors to China in exchange for a 15% cut of their revenue. Jo Ling Kent reports.
Artificial intelligence chipmakers Nvidia and AMD have come to an unusual export agreement with President Trump: Both will pay the U.S. government 15% of revenue generated by sales of select AI chips in China. Toluse Olorunnipa, staff writer for The Atlantic, and Sophia Cai, Politico White House reporter, join "The Takeout" with analysis.
The Dow Jones finished the day down on Tuesday after new data showed inflation accelerated in June, rising 2.7% on an annual basis. CBS News MoneyWatch correspondent Kelly O'Grady has more.
Nvidia CEO Jensen Huang said the Trump administration is letting it sell its advanced H20 computer chips to China — a reversal in policy.
The United States has a ban on sales of Nvidia's high-level chips to Chinese firms, but Nvidia CEO Jensen Huang says China doesn't actually need Nvidia's chips. Stephen Witt, author of the book "The Thinking Machine: Jensen Huang, Nvidia, And The World's Most Coveted Microchip," joins CBS News to discuss.
Nvidia became the first public corporation to be valued at more than $4 trillion based on the rising price of its stock before dipping below $4 trillion at market close. The company makes computer chips. CBS News MoneyWatch correspondent Kelly O'Grady reports.
Artificial intelligence giant Nvidia became the first company to surpass a $4 trillion market valuation on Wednesday. CBS News MoneyWatch correspondent Kelly O'Grady has the details.
Wall Street experts break down what's behind the market rebound as S&P 500 and Nasdaq approach record highs.
The Dow Jones dipped on Tuesday, but Big Tech stocks saw gains as CEOs joined President Trump on his trip to Saudi Arabia. CBS News MoneyWatch correspondent Kelly O'Grady reports.
The Dow Jones regained some ground Monday after President Trump's tariffs put markets in a tailspin last week. CBS News MoneyWatch correspondent Kelly O'Grady breaks down what happened on Wall Street.
AI chip designer Nvidia's latest earnings announcement smashed expectations and it may reflect on your 401(k) retirement plans. CBS MoneyWatch correspondent Kelly O'Grady reports.
Lawmakers and experts say China's DeepSeek AI app could expose U.S. users to risks and promote censorship.
China on Monday unveiled its DeepSeek artificial intelligence, shocking the U.S. tech sector and sending chip-maker Nvidia's stock tumbling. Anna Coren reports.
Chinese startup DeepSeek has debuted an AI app that challenges OpenAI's ChatGPT and other U.S. rivals, sending a shock through Wall Street.
A Chinese AI company called DeepSeek is sending a shock wave through Wall Street. Margaret Brennan explains.
The 2025 Consumer Electronics Show was underway in Las Vegas on Tuesday. The annual trade conference spotlights some of the newest technological innovations from companies across the globe. Jason Hiner, editor-in-chief for tech news site ZDNET joins "The Daily Report" to discuss.
Jensen Huang leads Nvidia – a tech company with a skyrocketing stock and the most advanced technology for artificial intelligence.
Jensen Huang leads Nvidia – a tech company with a skyrocketing stock and the most advanced technology for artificial intelligence.
The U.S. stock market took a significant dip on Friday, fueled by a selloff in tech stocks. CBS News contributor Javier David breaks it down and looks ahead to 2025.
Artificial intelligence chip maker Nvidia will announce its latest earnings as investors anxiously await good news. Also, Jaguar is targeting younger buyers as it prepares to release more details on its new offerings. CBS MoneyWatch correspondent Kelly O'Brady reports.
Investors are fretting about economic growth, with tech stocks taking the brunt after an underwhelming jobs report.
In August, artificial intelligence chip maker Nvidia set the record for the largest one-day increase in market value in stock market history. On Tuesday, it did the opposite. The company's shares fell nearly 10% in what is the largest single day drop for any U.S. company in stock market history. Jeremy Owens, host of "On Watch" podcast, joins to discuss.
Nvidia profits jumped massively, but the chipmaking company that helps AI technology run saw a drop in stock price. Nico Grant, a technology correspondent for The New York Times, joins CBS News with more details.
A tech selloff caused the Nasdaq and S&P 500 to have their worst days since 2022. Here's why tech stocks are fading.
President Trump appeared to lay out his red line of action on Friday when he warned that if the Iranian government began "killing people like they have in the past, we would get involved."
Trump administration officials are set to meet with Danish officials about Greenland on Wednesday, diplomatic sources tell CBS News.
The 2026 Golden Globes honored the standouts in both film and television from last year. See the full list of winners and nominees.
As activists say Iran's anti-government unrest has seen at least 538 people killed, the nation's rulers threaten protesters and U.S. forces across the Mideast.
Democratic Rep. Ilhan Omar denounced a surge of federal agents to Minneapolis targeting Somalis and other immigrants after a fraud scheme in the state.
The Department of Homeland Security policy is dated Jan. 8 and was submitted Saturday in federal court comes amid three Democratic lawmakers being denied entry to an ICE facility in Minneapolis.
In the civil rights era, the agency formed its Community Relations Service, a group of dozens of federal specialists who were informally referred to as "America's peacemaker."
The subpoenas threatened a criminal indictment related to Jerome Powell's testimony before the Senate Banking Committee in June 2025, according to the Fed chair.
President Trump on Saturday announced that Venezuela has "started the process" of releasing its political prisoners.
From historic wins to powerful speeches, here are the highlights and most memorable moments from the 2026 Golden Globes.
The subpoenas threatened a criminal indictment related to Jerome Powell's testimony before the Senate Banking Committee in June 2025, according to the Fed chair.
Trump administration officials are set to meet with Danish officials about Greenland on Wednesday, diplomatic sources tell CBS News.
"If they're saying we shouldn't believe our eyes, then let the investigation take place before you characterize this mother of three as a domestic terrorist," Rep. Ilhan Omar said on "Face the Nation with Margaret Brennan."
Kittitas County Sheriff said four men were on two snowmobiles in an area near Longs Pass trail on Friday afternoon when they were caught in the mass of snow.
President Trump called for a one-year cap on credit card interest rates late Friday, an idea that has drawn strong support from lawmakers in both parties but pushback from card issuers.
Midsize cities like Pittsburgh and Columbia, South Carolina, offer some of the best employment prospects, analysis finds.
The White House said it will review its protocols for releasing economic data after President Trump's "inadvertent public disclosure."
After the ACA tax credit lapsed in December, enrollees are opting for less robust health plans or dropping coverage altogether.
Facebook parent Meta has reached nuclear power deals with three companies as it continues to look for electricity sources for its artificial intelligence data centers.
The subpoenas threatened a criminal indictment related to Jerome Powell's testimony before the Senate Banking Committee in June 2025, according to the Fed chair.
Trump administration officials are set to meet with Danish officials about Greenland on Wednesday, diplomatic sources tell CBS News.
In the civil rights era, the agency formed its Community Relations Service, a group of dozens of federal specialists who were informally referred to as "America's peacemaker."
"If they're saying we shouldn't believe our eyes, then let the investigation take place before you characterize this mother of three as a domestic terrorist," Rep. Ilhan Omar said on "Face the Nation with Margaret Brennan."
The wall text, which summarized Trump's first presidency and noted his 2024 comeback victory, was part of the museum's "American Presidents" exhibition.
Oprah Winfrey is one of the best-known, most-admired and successful people on the planet. But for years she seemed powerless to conquer her fluctuating weight problem … until new medications, and a new attitude about her weight, gave her a breakthrough, which she describes in "Enough," a new book she has co-written with Dr. Ania Jastreboff. They talk with Jane Pauley about an individual's genetically-influenced weight range, and how to reset it. Winfrey also relates the long road she traveled since she began her TV career in Nashville, facing sexism, racism, and comments about her weight.
As millions of Americans struggle with paying for health care, doctors and health experts discuss how medical care is being eroded by insurers denying necessary tests and treatment, making it "more difficult to be healthy in the United States."
Millions of Americans are struggling with medical care – either unable to pay high premiums, burdened with high deductibles, or denied coverage for necessary tests and treatment by health insurance companies. Erin Moriarty of "48 Hours" talks with doctors and health experts about how medical care is being eroded by insurers motivated by profit. As one doctor says, insurance companies have "made it more difficult to be healthy in the United States."
Andy Provencher spent a year searching for the cause of his exhausting symptoms before a physician's assistant suggested a rare illness.
After the ACA tax credit lapsed in December, enrollees are opting for less robust health plans or dropping coverage altogether.
Trump administration officials are set to meet with Danish officials about Greenland on Wednesday, diplomatic sources tell CBS News.
Images on social media showed five heads tied with ropes on two wooden posts at a popular whale watching destination in Ecuador's southwest.
"I think Congress will stop [President Trump', both Democrats and Republicans," Sen. Tim Kaine about any plans to take Greenland by military force.
President Trump appeared to lay out his red line of action on Friday when he warned that if the Iranian government began "killing people like they have in the past, we would get involved."
The following is the transcript of the interview with Sen. Tim Kaine, Democrat of Virginia, that aired on "Face the Nation with Margaret Brennan" on Jan. 11, 2026.
From historic wins to powerful speeches, here are the highlights and most memorable moments from the 2026 Golden Globes.
The 2026 Golden Globes honored the standouts in both film and television from last year. See the full list of winners and nominees.
Andres Gutierrez looks back at the life and career of Grateful Dead co-founder Bob Weir, who has died at 78.
In this web exclusive, actress Carrie Coon, star of the TV series "The Gilded Age" and "The White Lotus," talks with Jim Axelrod about her return to Broadway in the play "Bug," written by her husband, Tracy Letts. She also talks about the state of Broadway today.
In this web exclusive, actor and playwright Tracy Letts, and actress Carrie Coon, star of the TV series "The Gilded Age" and "The White Lotus," talk with Jim Axelrod about their marriage, and their collaboration in the new Broadway production of "Bug."
In his new book "Spies, Lies, and Cybercrime," former FBI Counterintelligence Operative Eric O'Neill describes the art of outsmarting cybercriminals and protecting your data and wallet. O'Neill spoke with CBS News' Major Garrett about steps people can take to stay safe online.
Facebook parent Meta has reached nuclear power deals with three companies as it continues to look for electricity sources for its artificial intelligence data centers.
From labor shortages to environmental impacts, farmers are looking to AI to help revolutionize the agriculture industry. One California startup, Farm-ng, is tapping into the power of AI and robotics to perform a wide range of tasks, including seeding, weeding and harvesting.
Britain's leader says all options on the table if Musk's X platform doesn't stop Grok AI tool being used to generate non-consensual sexualized images.
Millions of Americans who use Gmail are getting a new package of tools, driven by artificial intelligence. Google says it's trying to make Gmail more like a personal assistant as it brings more of its Gemini AI to your inbox with three updates. The changes come with some privacy concerns. Jo Ling Kent explains.
Fossilized bones and teeth dating to 773,000 years ago are providing a deeper understanding of the emergence of Homo sapiens.
If you rang in the new year with a kiss, you took part in a tradition millions of years in the making. Scientists now say the origins of kissing go back much farther than most think. CBS News' Tina Kraus has more.
2025 was the third hottest year on record and pushed Earth past a critical climate change mark, scientists say.
The Trump administration intends to dismantle one of the world's leading climate research institutions, in Boulder, Colorado, over what it said were concerns about "climate alarmism."
The footage of a bear caring for an adopted cub was captured during the annual polar bear migration along the Western Hudson Bay in Churchill, Manitoba.
Michael McKee, 39, is accused of shooting and killing his ex-wife, Monique, and her husband, Spencer Tepe. The couple was found dead in their Columbus, Ohio, home last month. Ali Bauman reports.
Hannah Pettey, 22, a married mother of two from Alabama, suffered debilitating pain and lost more than 45 pounds as her health rapidly declined. Doctors suspected either her mother or her husband were trying to poison her.
The investigation into the 1995 murder of Texas teacher Mary Catherine Edwards went cold for years. Advances in forensic science and tireless work by investigators would reveal the startling connection between the victim and her killer.
Michael McKee is the ex-husband of Monique Tepe, according to court records obtained by CBS News. Tepe and her husband, Spencer, were shot and killed in Columbus on Dec. 30.
Luigi Mangione was back in court on Friday, where his lawyers worked to block the Justice Department from seeking the death penalty in his federal trial for the killing of UnitedHealthcare CEO Brian Thompson. Mangione pleaded not guilty in April 2025.
Mike Fincke thanked NASA for making crew health the agency's top priority.
NASA officials reported Thursday that an unidentified member of Crew 11 was dealing with "a medical situation" that would require the crew to return to Earth sooner than anticipated.
Four crew members aboard the International Space Station will be brought home more than a month early in the coming days as NASA cuts its mission short due to health concerns. NASA says the ailing astronaut is stable and while it is not an emergency, weeks more in space are not in the best interest of their health.
The crew at the International Space Station will return home early because of what NASA is calling a medical concern with a crew member. CBS News space consultant Bill Harwood has more details.
NASA on Thursday postponed a scheduled spacewalk on the International Space Station due to a "medical concern." CBS News space consultant Bill Harwood has more.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
Andres Gutierrez looks back at the life and career of Grateful Dead co-founder Bob Weir, who has died at 78.
One year after the devastating L.A. wildfires, CBS Los Angeles' Jasmine Viel remembers when she and her photographer rushed in to help a woman desperate to save her pet chickens and ducks as flames closed in on her home.
A suspect is in custody after the oldest synagogue in Mississippi, and the only synagogue in the city of Jackson, was set on fire in a suspected arson attack. Shanelle Kaul has more.
Homeland Security Secretary Kristi Noem says hundreds more federal agents are being sent to Minnesota as protests continue there and across the country, demanding justice after an ICE agent shot and killed Renee Good. Nicole Sganga has more.
President Trump has been briefed on new military options for a strike against Iran amid widespread protests and a government crackdown on communications for Iranians, a senior U.S. official tells CBS News. Willie James Inman has more.