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. The arrangement reflects US President Donald Trump’s effort to engineer a financial payout for America in return for concessions on trade, according to the text. Elsewhere, Stocks erased gains as traders dialed back optimism that a summit between US President Donald Trump and Russia’s Vladimir Putin would bring the war in Ukraine

Tag-uri: Donald Trump