Additionally, President Trump last month pushed Congress to approve a "big, beautiful" tax and spending bill that fulfills several other campaign promises. "In the coming weeks and months, we will pass the largest tax cuts in American history — and that will include no tax on tips, no tax on Social Security, and no tax on overtime," he said.

The package calls for $4 trillion in additional borrowing, though the total cost is uncertain at this point.

President Donald Trump's trip to Qatar was overshadowed by his plan to accept a $400 million 747 jet as a gift from the country.

President Donald Trump's trip to Qatar is off to a flying start.

“I think after signing these documents, we are going to another level of relationship between Qatar and the United States,” the Qatari leader said.

AMD has been lauded as the most formidable competitor to Nvidia's dominance, but the firm now faces tough competition from custom processors and the larger rival's industry stronghold.