A Groundbreaking and Controversial Arrangement Nvidia (NASDAQ:NVDA) and Advanced Micro Devices (NASDAQ:AMD), two of the world’s leading semiconductor companies, have agreed to an extraordinary deal with the Trump administration,

Nvidia and Advanced Micro Devices (AMD) have agreed to give the U.S. government 15% of revenue from sales of certain advanced computer chips to China, a move confirmed by a U.S. official on Sunday.

Nvidia is preparing to re-enter China’s AI chip market with its H20 processors, following the Trump administration’s decision to lift export restrictions imposed in April. While the move may recover part of the billions in losses the company flagged earlier this year,