Shares of Nvidia and AMD dropped after agreeing to pay 15% of revenue from certain chip sales to China. Nvidia stock fell by 0.4% premarket, while AMD stock dropped 1.4%. The deal involves Nvidia’s H20 AI chip and AMD’s MI308 chips, previously under export controls. Nvidia CEO made the deal at the White House to comply with US rules. Intel and Qualcomm shares rose, Taiwan Semiconductor fell.

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