US equity index futures are about to open - to HUGE news ... not in a good way

Wait 5 sec.

I posted the news here from the Financial Times:Reports that Nvidia and AMD to pay 15% of China chip sale revenues to US governmentMore in that article. The gist is:Nvidia and AMD have struck a deal with the US government to hand over 15% of their revenue from chip sales in China, in exchange for export licences for those semiconductors. The arrangement, agreed with the Trump administration and approved last week, was a condition for gaining permission to sell into the Chinese marketThe Financial Times cite the info is according to people familiar with the matter, including a US official. This article was written by Eamonn Sheridan at investinglive.com.