Nvidia Corp. and Advanced Micro Devices Inc. have agreed to give the U.S. government 15% of the revenue they earn from selling certain artificial-intelligence chips in China, the Financial Times reported, citing U.S. officials. The arrangement applies to Nvidia’s H20 processors and AMD’s MI308 accelerators and was a condition for export licenses the Commerce Department began issuing last week after months of restricted shipments. The deal, described by officials as unprecedented, follows a freezing of advanced chip exports earlier this year and underscores Washington’s effort to balance national-security concerns with commercial interests. The Trump administration has not said how the money will be used. Nvidia told Reuters it abides by U.S. export rules, while AMD has not commented publicly. The revenue-sharing formula could create a significant new funding stream for the federal government and gives both chipmakers renewed access to a critical growth market.
Nvidia and AMD will give the US government 15% of revenue from certain China chip sales under a deal securing export licenses, Bloomberg reports. The arrangement follows recent US approvals for Nvidia’s H20 shipments after CEO Jensen Huang met President Trump.
Nvidia and AMD have agreed to pay the US government 15% of revenues for AI chip sales to China as part of a deal for the export licenses granted last week, the FT reports, citing unnamed sources. US export licenses were granted for Nvidia H20 and AMD MI308 chips. $NVDA $AMD $TSM
🇺🇸 JUST IN: Nvidia and AMD will pay 15% of China chip sale revenues to US government as part of the arrangement to secure export licenses from Trump administration for semiconductor sales, per FT. https://t.co/1lBrHOrjqC