Nvidia, AMD to pay 15% of China chip sale revenues to US: report

Core Points - Nvidia and AMD have agreed to share 15% of their revenues from chip sales in China with the US government to obtain export licenses for their semiconductors [1][2][7] - The revenue share specifically applies to Nvidia's H20 chips and AMD's MI308 chips [1][7] - The US Commerce Department recently issued licenses to Nvidia for exporting H20 chips to China, reversing a previous ban [6] Group 1 - The revenue-sharing arrangement was a condition for obtaining export licenses for the Chinese market, which were granted last week [2] - Nvidia has not shipped H20 chips to China for several months but hopes that export control rules will allow for competition in China and globally [3][4] - The H20 chip was tailored specifically for the Chinese market to comply with the Biden-era AI chip export controls [6]