Advanced Micro Devices forecast third-quarter revenue above Wall Street estimates on Tuesday, betting on upbeat demand for its artificial intelligence chips from businesses rushing to expand infrastructure to dominate the latest technology.

Nvidia N/A and AMD AMD-Q have agreed to give the U.S. government 15% of revenue from sales to China of advanced computer chips, a U.S. official said on Sunday, in an unusual move likely to faze American companies.

The deal to pay the US government from sales in China is unusual for a president, and marks Trump's latest intervention in corporate decision-making