Nvidia and AMD to Pay 15% of China Sales to U.S. Government

Nvidia and AMD will give 15% of their sales from chips sold to China to the U.S. government, a unique arrangement to obtain necessary export licenses.

Nvidia and AMD have agreed to pay 15% of their sales from chips sold to China to the US government. This deal is part of their bid for export licenses and marks a shift in the ongoing trade war with China.