U.S.-China trade tensions and new revenue-sharing rules impact Nvidia Corporation & Advanced Micro Devices, Inc.'s AI chip exports. Click for more on AMD and NVDA.

Nvidia Corp. and Advanced Micro Devices Inc. will give 15% of their chip revenue from sales in China to the U.S. government as a condition of receiving new export licenses, according to a report Sunday.

The arrangement is highly unusual, as U.S. tech export controls are usually based on national security, rather than whether they can raise funds for Washington.