11:00 AM EDT, 08/14/2025 (MT Newswires) -- Nvidia ( NVDA ) and Advanced Micro Devices ( AMD ) are adapting to the "new rules of the game" under the Trump administration by agreeing to pay a 15% fee to the government on revenue from artificial-intelligence chip sales to China, removing a barrier to growth in the technology revolution, Wedbush Securities said Thursday in a report.

The deal, which grants export licenses for Nvidia's ( NVDA ) H20 chip and AMD's MI308 chip, "is another bullish sign for AI-related tech stocks heading into the next 12 to 18 months," Wedbush said.

The unprecedented 15% fee "is a small price to pay for access to China and other key markets around the world," the note said.

"There is one chip in the world fueling the AI Revolution and it's Nvidia ( NVDA )," Wedbush said. Globally over the next few years, "there will be trillions of dollars up for grabs and right now that is heavily favored to go to US Big Tech," the note said.

Had the Trump administration blocked sales of Nvidia's ( NVDA ) H20 chip, "this essentially would have handed Huawei $15 billion per year on a silver platter," creating a "major competitive advantage

for Beijing and a self-inflicted wound by the US government," Wedbush said.

Nvidia ( NVDA ) shares rose 0.5% in recent Thursday trading, and AMD fell 1.8%.

Price: 182.49, Change: +0.95, Percent Change: +0.52