AMD

Intel shares jump as Softbank to buy $2bn stake in chip giant

The announcement comes hours after reports that the White House is in talks over taking a 10% stake in Intel.

The chip giants will hand revenues to the US government in exchange for licences to export to China.

Two top firms will give the US government 15% of profits from the sale of some advanced semiconductors in China, the BBC has been told.

The US is making it tougher for companies like Nvidia, AMD and Intel to sell existing or new chips to China.

Nvidia says two of its top computer chips were affected by a new licence requirement for exporting to China.

Gamers have been facing inflated prices for months - and it's set to stretch into 2021.