China to the US government as part of a deal with the Trump administration to secure export licenses, the Financial Times reported Sunday. The paper cited a US official as saying that Nvidia would share 15% of the revenue from sales of its H20 chip in China and AMD will deliver the same share from MI308 revenues.

Nvidia's H20 chips pose security concerns for China, a social media account affiliated with China's state media said on Sunday, after Beijing raised concerns over backdoor access in those chips.

The US had frozen the sale of some advanced chips to China earlier this year as trade tensions spiked between the two countries.