Hong Kong (CNN) — Nvidia and AMD have agreed to pay the US government 15% of their revenues from semiconductor sales to China in exchange for export licenses, the Financial Times reported Sunday.

The unprecedented quid pro quo arrangement is part of a deal with the Trump administration to obtain export licenses to sell Nvidia’s H20 chips and AMD’s MI308 chips in China, the FT reported, citing people familiar with the situation, including a US official. The New York Times and Reuters also later reported the 15% commission deal, citing sources. Nvidia CEO Jensen Huang met with President Donald Trump on Wednesday.

“We follow rules the US government sets for our participation in worldwide markets,” a Nvidia spokesperson said in a statement. “While we haven’t shipped H20 to China for month

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