Nvidia and AMD have agreed to give the U.S. government 15% of revenue from sales to China of advanced computer chips like Nvidia's H20 that are used for artificial intelligence applications, a U.S. official told Reuters on Sunday.

Nvidia Corp. and Advanced Micro Devices Inc. agreed to pay 15% of their revenues from chip sales to China to the US government as part of a deal with the Trump administration to secure export licenses,

Nvidia and AMD have agreed to give the US government 15 per cent of revenue from sales to China of advanced computer chips like Nvidia's H20 that are used for artificial intelligence applications, a US official has confirmed.