New Delhi, Aug. 12 -- US President Donald Trump has initiated a new and unconventional approach to control exports by brokering a deal with chipmakers Nvidia and AMD.

The agreement allows the companies to resume exports of banned AI chips to China in exchange for a 15% revenue cut for the US government. This move has sparked debate among lawmakers and experts who warn of corporate and national security risks, reported Reuters.

Historically, the US government made non-negotiable decisions to control the export of sensitive technologies on national security grounds. Hence, it was certain that if a technology was controlled, companies could not buy their way around those controls.

Months earlier, the Trump administration banned the sale o...