See where Nvidia and AMD earn their revenue, broken down by country, and why geographic exposure matters for chip investors amid U.S.-China tensions.

President Trump signs an executive order extending the trade truce between the US and China, China urges native companies to stop using Nvidia (NVDA) processors and Gold (GC=F) prices remain strong.

Nvidia and AMD have agreed to pay the US government 15% of their revenues from semiconductor sales to China in exchange for export licenses, the Financial Times reported Sunday.

If Nvidia and AMD are given special treatment…why shouldn't other companies be doing the same?” says one expert.

Apple has heavily relied on its high-margin services segment and stock buybacks to drive earnings to offset weak results from its product segment. Apple's services, which include iCloud, Apple Music, and Apple TV+, have been the standout for years now. But Apple's bottom line depends more on key products, like iPhone, Mac, iPad, and wearables.

The S&P 500 and the Nasdaq Composite reached all-time highs late June, thanks to renewed AI enthusiasm, hopes of U.S. trade deals and rising bets on interest rate cuts, which helped drive a turnaround in U.S. stocks from a sharp rout earlier this year.

Semiconductor Trade Deals Stir Controversy The U.S.-China trade landscape has been a high-stakes chessboard, with semiconductor giants Nvidia (NASDAQ:NVDA) and Advanced Micro Devices (NASDAQ:AMD) recently securing controversial export licenses to sell chips in China.

Brian Belski, Chief Investment Strategist at BMO Capital Markets, joins 'Halftime Report' to detail his latest portfolio moves