U.S. President Donald Trump on Monday suggested he might allow Nvidia to sell a scaled-down version of its next-generation advanced GPU chip in China, despite deep-seated fears in Washington that China could harness U.

Now, NVIDIA and AMP were both reportedly granted export licenses for China last week, after agreeing to give the government 15 percent of their profits. AMP will provide the share from sales of its MI308 chip.

Donald Trump said he is considering allowing Nvidia to sell a more advanced chip in China after confirming that he “negotiated a little deal” in which the US will take a 15 per cent fee of the chipmaker’s artificial intelligence processor sales to the country.