President Trump again delayed higher tariffs on Chinese goods. But his recent moves on computer chips have stoked fears he’s willing to give too much to reach an accord.

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).

Investors appear to be expecting another extension of the China deadline—anything other than that could be a shock.