Nvidia and AMD Reach Deal: Securing Licenses for China Chips Through Revenue-Sharing Agreement

Nvidia and AMD have entered into a groundbreaking agreement with the U.S. government, securing export licenses for their chips sold in China. In exchange, the companies will share 15% of their chip sales revenue with the U.S. government. This unprecedented arrangement has been negotiated amidst ongoing trade tensions between the U.S. and China, particularly regarding semiconductor exports. The agreement comes as a response to President Trump’s earlier tariffs on semiconductor imports.