Nvidia, AMD to Share 15% of China Chip Sales Revenue with US Government

Nvidia and AMD have agreed to share 15% of their revenue from chip sales to China with the U.S. government to secure export licenses. This follows a previous halt on advanced chip sales to China due to national security concerns. The deal is controversial, with critics questioning its legality and arguing it sets a dangerous precedent, potentially undermining US national security and competitiveness in the AI race.