U.S. President Donald Trump on Monday suggested he might allow Nvidia to sell a scaled-down version of its next-generation advanced GPU chip in China, despite deep-seated fears in Washington that China could harness U.

Nvidia and Advanced Micro Devices (AMD) will give the US government 15 percent of their revenues from certain AI chip sales to China in exchange for export licences, a move that could unlock billions in annual revenue for the companies, according to Reuters .