Nvidia (NASDAQ:NVDA) and Advanced Micro Devices (NASDAQ:AMD) have agreed to hand over 15% of revenues from their Chinese AI chip sales to the U.S. government in exchange for export licenses, according to multiple published reports citing sources.

Nvidia Corp. and Advanced Micro Devices Inc. agreed to pay 15% of their revenues from Chinese AI chip sales to the US government in a deal to secure export licenses, an unusual arrangement that may unnerve both US companies and Beijing.

In a highly unusual arrangement with President Trump, the companies are expected to kick 15 percent of what they make in China to the U.S. government.