Nvidia escapes restrictions on selling AI chips to China and other nations: Report

Nvidia Corp is on the verge of a policy victory as US lawmakers chose not to include a proposal restricting AI chip exports to China in the upcoming defense authorization bill, a Bloomberg report said. The report added that the Guarding American Innovation for National Security (GAIN AI) Act, which would have acquired Nvidia and Advanced Micro Devices to offer advanced chips to US customers first, was left out of the must-pass legislation which is expected to be released Friday.

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