Nvidia and AMD have agreed to share 15% of their revenues from chip sales to China with the U.S. government, as part of a deal to secure export licenses for the semiconductors. The Trump administration halted the sale of advanced computer chips to China in April over national security concerns,

Treasury Secretary Scott Bessent said the recent deal to allow Nvidia Corp. and Advanced Micro Devices Inc. to resume lower-end AI chip sales to China, on the condition they give the U.S.

In an unusual move, two of the world's largest chipmakers have reportedly agreed to hand over some of their revenues to secure export licenses.