China to the US government as part of a deal with the Trump administration to secure export licenses, the Financial Times reported Sunday. The paper cited a US official as saying that Nvidia would share 15% of the revenue from sales of its H20 chip in China and AMD will deliver the same share from MI308 revenues.

Nvidia and AMD have agreed to give the U.S. government 15% of the revenues from chip sales in China, as part of an arrangement with the Trump administration to obtain export licenses for the semiconductors,

WASHINGTON] Nvidia and Advanced Micro Devices (AMD) agreed to pay 15 per cent of their revenues from chip sales to China to the US government as part of a deal with the Trump administration to secure export licenses,