Nvidia, AMD agree to pay 15% of China chip sale revenues to US: Sources
The agreements by Nvidia and AMD are part of a deal with the Trump administration to secure export licences.
Washington – Nvidia and Advanced Micro Devices (AMD) agreed to pay 15 per cent of their revenues from chip sales to China to the US government as part of a deal with the Trump administration to secure export licences, according to a person familiar with the matter.
Nvidia plans to share 15 per cent of the revenue from sales of its H20 chip in China and AMD will deliver the same share from MI308 revenues, added the person, who asked for anonymity to discuss internal deliberations. The Financial Times earlier reported the development.
It followed a separate report from the Financial Times that the US Commerce Department started issuing H20 licenses on Aug 8, two days after Nvidia chief executive officer Jensen Huang met President Donald Trump.
The Trump administration had frozen the sale of some advanced chips to China earlier in 2025 as trade tensions spiked between the world's two largest economies.
An Nvidia spokesperson said the company follows US export rules, adding that while it hasn't shipped H20 chips to China for months, it hopes the rules will allow US companies to compete in China. AMD didn't immediately respond to a request for comment.
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