Nvidia and AMD to pay 15% of China chip sale revenues to US government, FT reports

(Reuters) -Nvidia and AMD have agreed to give the U.S. government 15% of the revenues from chip sales in China, as part of an arrangement with the Trump administration to obtain export licenses for the semiconductors, the Financial Times reported on Sunday.

Reuters could not immediately verify the report.

(Reporting by Yazhini MV in Bengaluru; editing by Diane Craft)