President Donald Trump on Monday confirmed reports that semiconductor giant Nvidia would pay the United States 15 percent of its revenues from sales of certain artificial intelligence chips to China.

() - Nvidia will pay the United States 15% of the money it makes from selling artificial intelligence chips to China, President Donald Trump said in a press

Nvidia and Advanced Micro Devices agree to pay 15% of their earnings from selling AI chips to China, in an unusual financial arrangement with the Trump administration, stirring concerns among national security experts.