Bloomberg Tech Bessent Says Nvidia, AMD Deals Could Be a “Model”
Aug 13, 2025
The discussions center around U.S. export policies influencing semiconductor sales to China, with Nvidia and AMD potentially setting a precedent. Tencent's revenue growth is spotlighted alongside its strategic AI investments, reflecting resilience amid geopolitical tensions. The rising demand for AI technologies is examined, highlighting the divide between training and inference needs. Additionally, the impact of these dynamics on semiconductor stock performance is explored, showcasing the broader implications for the tech landscape.
AI Snips
Chapters
Transcript
Episode notes
Selective Chip Exports As Strategic Leverage
- The U.S. allowed export licenses for lower-tier AI chips to China while blocking top-end devices to protect national security.
- Treasury sees this as keeping American tech present in China to avoid Chinese standards spreading globally.
Revenue Share Deal Could Be A Template
- The Oval Office deal reportedly involved a negotiation over a revenue share tied to chip exports to China.
- Officials suggest this 'unique model' could be tested in other industries and deals going forward.
China's Scale Makes Market Access Strategic
- China remains strategically essential for AI because scale, data and adoption matter for model quality.
- Losing access could push China to build separate standards and domestic ecosystems faster.