Trump said Monday that he has cut a deal with chipmaker Nvidia, allowing it to sell certain artificial intelligence chips to China in exchange for a cut of the revenue, which would go to the U.S. government. Trump said he also negotiated a similar deal with chipmaker Advanced Micro Devices (AMD).

Beijing pressures tech firms to explain why they’re not buying local silicon The Middle Kingdom’s bureaucrats are making life more difficult for Nvidia by questioning Chinese tech giants about their reasons for ordering the US chipmaker’s H20 AI processors.

China has reportedly urged local firms, especially those for government-related purposes, to avoid using Nvidia's H20 chips for weeks due to national