Nvidia is reportedly to share 15% of its H20 AI chip sales to China with the U.S. government. (Photo by Justin Sullivan/Getty Images)Getty ImagesKey Takeaways Nasdaq Hits Record High As Broader Markets Post Weekly Gains Earnings Growth Doubles Revenue Gains, Raising Sustainability Questions Nvidia, AMD Agree To Revenue-Sharing Deal On China AI ChipsMarkets closed up on the week with the Nasdaq ending higher by 3.9% and closing at a record high. The S&P 500 added 2.4% and is within striking distance of its a ...

ToplineShares of Nvidia and AMD fell in premarket trading early on Monday, after reports said both companies have agreed to pay 15% of the revenue generated on AI chip sales to China to the U.S. government, as part of an unconventional deal with the Trump administration to secure export licenses.Nvidia has reportedly agreed to pay the U.S. government 15% of the revenue its generates from H20 AI chip sales to China.VCG via Getty ImagesKey FactsAccording to the Financial Times, which first reported on the mat ...