The global AI chip race narrative used to be about U.S. national security, but apparently now it's about tariffs: Nvidia and AMD have agreed to pay the U.S. government 15% of the revenue they make from sales of high-end AI chips to China in exchange for licenses to sell to those chips in the country, the Financial Times reported, citing anonymous sources.

The US had frozen the sale of some advanced chips to China earlier this year as trade tensions spiked between the two countries.

The arrangement comes as President Donald Trump's tariffs continue to reverberate through the global economy.

Nvidia plans to share 15% of the revenue from sales of its H20 chip in China and AMD will deliver the same share from MI308 revenues.

In a highly unusual arrangement with President Trump, the companies are expected to kick 15 percent of what they make in China to the U.S. government.

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…

Two American AI companies have agreed to hand over 15 percent of their chip sales revenue in China to the US government in a bizarre financial arrangement.

Moves comes after Nvidia said Washington would allow the company to resume sales

Trade experts express concern about reported deal linking exports controls to monetary payments.

The United States' two leading makers of semiconductors that power AI have agreed to pay 15% of their China sales of two chips in exchange for export licenses.

The global AI chip race narrative used to be about U.S. national security, but apparently now it's about tariffs: Nvidia and AMD have agreed to pay the U.S. government 15% of the…

Nvidia's research lab developed the technology that took the company from a video game GPU startup to a $4 trillion-dollar company.