The agreement between the chipmakers and the U.S. government will allow Nvidia and AMD to obtain export licenses to resume sales to China.

The US has sought to maintain its sovereignty in AI, citing national security concerns and financial motivations.

Nvidia and AMD agreed to share 15% of their revenues from chip sales to China with the U.S. government, President Donald Trump confirmed at a press conference Monday. The Trump administration halted the sale of advanced computer chips to China in April over national security concerns,