This article discusses the basics surrounding the new export trade deal for Nvidia and AMD with Trump and the consequences of the deal for the two companies and beyond.

Chip giants Nvidia and AMD have agreed to pay the US government 15% of Chinese revenues as part of an "unprecedented" deal to secure export licences to China, the BBC has been told.

The arrangement crafted by the Trump administration is “unusual,” analysts told CNBC, but underscores the transactional nature of the current White House leader.