Golden Finance reported that the British Financial Times stated on August 11 that American chip companies Nvidia and Advanced Micro Devices (AMD) have agreed to 'contribute' 15% of their chip sales revenue in China to the U.S. government in exchange for export licenses issued by the Trump administration. U.S. officials stated that Nvidia will 'share' 15% of its revenue from sales of the H20 chip in China, and AMD will also pay a similar proportion of its revenue from the MI308 artificial intelligence (AI) chip to the U.S. government. The report pointed out that this practice of demanding a portion of corporate revenue in exchange for export licenses is unprecedented. (Observer Network)