In an unusual move, two of the world’s largest chipmakers have reportedly agreed to hand over some of their revenues to secure export licenses. In a historically unusual move, two of the world’s largest chipmakers,

Nvidia and AMD will give 15% of China chip sales to the U.S. government under a new export license deal. Here’s how shares are reacting.

Citi maintained its Neutral rating on AMD (AMD) after a reported deal to give 15% of revenues from Chinese AI chips sales to the U.S. in exchange for export licenses.