Congress Moves to Clamp Down on Advanced Chip Exports to China, Sparking Tech Clash

1 min read
Source: CNBC
Congress Moves to Clamp Down on Advanced Chip Exports to China, Sparking Tech Clash
Photo: CNBC
TL;DR Summary

Republican lawmakers on the House Foreign Affairs Committee advance a bipartisan bill granting Congress 30 days to review and block advanced semiconductor exports to adversaries like China, potentially canceling existing licenses until a national strategy is submitted. The move pits Nvidia and its CEO Jensen Huang against the White House AI czar and other administration voices, who oppose the approach, and follows plans for a related Chip Security Act to verify chip locations. A companion Senate bill also exists and more legislation is expected.

Share this article

Reading Insights

Total Reads

0

Unique Readers

7

Time Saved

3 min

vs 4 min read

Condensed

88%

72384 words

Want the full story? Read the original article

Read on CNBC