Nvidia and AMD have agreed to give the U.S. government 15% of revenues from certain chip sales in China in exchange for export licenses. This unprecedented deal, reported by the Financial Times, involves Nvidia's H20 and AMD's MI308 chips. The arrangement follows President Trump's tariffs and underscores the White House's use of exceptions as leverage. Nvidia confirmed compliance with U.S. government regulations.

Prepared by Christopher Adams and reviewed by editorial team.