The deal recently struck between the Trump administration and Nvidia will allow the company to obtain the export licenses and begin the sale of chips in China, a White House official said. AMD, which offers an MI308 chip for Chinese customers, will also receive permission for such sales, the official added.

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

President Trump is contemplating allowing Nvidia to sell less advanced GPU chips in China, although concerns persist about potential military enhancements. A new deal requires Nvidia and AMD to give the U.