Advanced Micro Devices (NASDAQ:AMD) shares climbed Monday after the chipmaker agreed to pay 15% of its China AI chip sales revenue to the U.S. government in exchange for export licenses for its MI308 processors. The Trump administration imposed the condition amid security concerns over potential Chinese military applications. Nvidia (NASDAQ:NVDA) has agreed to similar terms for its H20 chips. The deal comes as reports surfaced last week that President Donald Trump plans to impose roughly 100% tariffs on semiconductor makers not manufacturing in the U.S.