Two American makers of artificial intelligence chips have agreed to pay the U.S. government 15 percent of sales on the technology , in an arrangement that one former export official called "unprecedented and dangerous."
Tech giants Nvidia and AMD have agreed to the highly unusual terms as part of the requirements for obtaining export licenses to China, according to The Financial Times , which first reported the deal.
President Donald Trump’s administration had halted the sale of advanced computer chips to China back in in April, but Nvidia and AMD revealed in July that Washington would allow them to resume sales of the H20 and MI308 chips, which are used in artificial intelligence development.
"We follow rules the U.S. government sets for our participation in worldwide mark