Nvidia Corp. and Advanced Micro Devices Inc. will hand over 15 percent of revenue from their artificial intelligence chip sales to China to the U.S. government as a condition for receiving export licenses.
The deal, confirmed by administration officials, covers Nvidia's H20 chip and AMD's MI308 processor, both previously barred under tightened export controls. It comes ahead of a regulatory deadline that would have further restricted U.S. technology sales to China, as reported by The Washington Post.
