US semiconductor giants Nvidia and Advanced Micro Devices have agreed to pay the United States government 15 per cent of their revenue from

Nvidia (NVDA.US) and Advanced Micro Devices (AMD.US) agreed to pay 15% of their China chip sales revenue to the US government as a condition for obtaining export licenses to China, Financial Times quoted US officials as saying.

Nvidia Corp. and Advanced Micro Devices Inc. will give 15% of their chip revenue from sales in China to the U.S. government as a condition of receiving new export licenses, according to a report Sunday.