(CNN) — President Donald Trump will rescind a set of Biden-era curbs meant to keep advanced technology out of the hands of foreign adversaries but that has been panned by tech giants.

While Trump has strengthened the restrictions on AI chip sales to China, which he sees as a national-security threat, the AI diffusion rules drafted under the Biden administration were set to ...

Trump also confirms Nvidia, AMD to give China AI chip revenues to government Nvidia says company follows rules set by US government US official says admin does not feel sale of chips compromises ...

Trump’s deals requiring Nvidia and AMD to pay 15 percent of AI chip sales in China to the U.S. government challenge norms in trade and national security policy.

“The agreement to pay 15% of chip sales revenue from sales to China is a reflection of the complexities of trading technology,” said Forrester senior analyst Alvin Nguyen.

According to the FT’s government source, Nvidia will share revenues from sales of its H20 AI chips in China, and AMD would share a cut of MI308 chip sales.