The agreement between the chipmakers and the U.S. government will allow Nvidia and AMD to obtain export licenses to resume sales to China.

NEW YORK (AP) — Nvidia and AMD agreed to share 15% of their revenues from chip sales to China with the U.S. government, a U.S. government official has confirmed.

Nvidia and Advanced Micro Devices have agreed to give the U.S. government 15% of revenue from sales to China of certain advanced computer chips, a U.S. official said on Sunday, in an unusual move likely to faze American companies.