Trump said Monday that he has cut a deal with chipmaker Nvidia, allowing it to sell certain artificial intelligence chips to China in exchange for a cut of the revenue, which would go to the U.S. government. Trump said he also negotiated a similar deal with chipmaker Advanced Micro Devices (AMD).

The Trump administration has rolled back export controls on advanced AI chips to China, a move that some security experts warn could be a costly miscalculation. Amid ongoing trade talks with Beijing,