President Donald Trump has cleared Nvidia Corp. and Advanced Micro Devices Inc. to resume shipments of their H20 and MI308 artificial-intelligence accelerators to China under newly issued export licences, on the condition that the companies remit 15% of related revenue to the U.S. government. Trump publicly confirmed the arrangement on Monday, calling the H20 “an essentially old chip.” People familiar with the talks say the president initially sought a 20% cut but settled at 15% after direct negotiations with Nvidia Chief Executive Officer Jensen Huang, who offered to invest as much as $500 billion in U.S. data-centre infrastructure as a sweetener. China accounted for roughly 13% of Nvidia’s sales last year, making renewed access to the market financially critical despite the unusual levy. The pay-as-you-export structure is unprecedented for U.S. technology controls and has already drawn scrutiny from lawmakers and trade lawyers who warn it could weaken Washington’s broader export-control regime. Beijing, for its part, has advised state-linked companies to avoid the H20, underscoring the political sensitivity of the deal and intensifying competition from domestic chipmakers such as Huawei. Separately, Trump signed an executive order extending a freeze on additional tariffs on Chinese goods for 90 days, keeping broader trade tensions in check ahead of planned talks. He also signalled that any future approval to sell a scaled-down version of Nvidia’s forthcoming Blackwell processors in China would come with deeper performance limits and potentially steeper fees.