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Nvidia is spending more than ever on Washington lobbying. It may not stop Congress from limiting China chip sales now

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‘There’s no question that Congress is going to push for a complete ban on the sale of advanced semiconductors into China,’ says a former U.S.

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  1. Nvidia is spending more than ever on Washington lobbying. It may not stop Congress from limiting China chip sales now

    Report published · Retained

    ‘There’s no question that Congress is going to push for a complete ban on the sale of advanced semiconductors into China,’ says a former U.S.

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Reporting

  • Nvidia is spending more than ever on Washington lobbying. It may not stop Congress from limiting China chip sales now.

    MarketWatch ·

    ‘There’s no question that Congress is going to push for a complete ban on the sale of advanced semiconductors into China,’ says a former U.S. ambassador to Beijing

  • Scoop: Lutnick stalled curbing Nvidia chip sales to China — again — after Oval Office showdown

    Axios ·

    President Trump on Thursday authorized a crack down on companies suspected of diverting Nvidia's advanced AI chips to China for the third time this year — even consulting Elon Musk before giving the go-ahead. One administration official has repeatedly stood in the way: Commerce Secretary Howard Lutnick. Why it matters: This standoff illustrates a breakdown in efforts to keep American technology out of China's hands as the world wonders why the Trump administration has not taken action against the company at the center of suspected chip smuggling — and an espionage scandal. This report was assembled from interviews with six high-level sources who were briefed on or, in some cases, heard the discussions. Inside the room: On Thursday, as the spy scandal rocked the administration, Lutnick met in the Situation Room with Treasury Secretary Scott Bessent, Defense Secretary Pete Hegseth, U.S. Tr

  • Nvidia shares recover 4.5% after steep sell-off; China spy probe and November 17 earnings to test investor confidence

    Mint ·

    Nvidia shares rebounded nearly 4.5% Wednesday after recent steep losses, supported by strong results from AI firm CoreWeave. Investors remain focused on concerns about AI infrastructure spending, Nvidia’s upcoming earnings and reports of a board investigation into alleged chip shipments to China.

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