Congress Wants China Chip Limits in the Defense Bill After Nvidia’s Spy Scandal
247wallst.com reports that the Senate defense bill, S. 4784, carries three China chip measures — the AI Overwatch Act, the Chip Security Act, and the Match Act — after a spy scandal involving NVIDIA, though no vote has occurred and Hakeem Jefferies supports the restrictions. With President Trump publicly backing CEO Jensen Huang, 24/7 Wall St. says the White House will likely decide the outcome, and notes NVIDIA has already stripped China data center revenue from its guidance.
