Nvidia and AMD to pay 15% of China chip sales revenues to the U.S. government, FT reports

Group 1 - Nvidia and AMD have agreed to share 15% of their revenues from certain chip sales in China with the U.S. government in exchange for export licenses for specific chips [1][2] - The arrangement highlights the U.S. government's willingness to create exceptions in trade policies as a bargaining tool amid ongoing tariffs [2] - Nvidia's CEO Jensen Huang recently met with President Trump, indicating active engagement between the company and the U.S. administration [2] Group 2 - President Trump has threatened a 100% tariff on semiconductor imports unless companies are manufacturing in the United States, reflecting a tough stance on trade [2] - The deal allows Nvidia to sell its H20 chips and AMD to sell its MI308 chips in China, which could impact their market presence in the region [1]