Why is Nvidia's CEO lobbying Republicans on AI chip sales to China? [Los Angeles Times (CA)]
NVIDIA Corporation (NVDA)
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Source: Los Angeles Times
While some Republican senators called the discussion productive, others, including Sen. John Kennedy, remained skeptical about selling advanced chips to China for national security reasons. Democrats excluded from the closed-door meeting have called for public testimony from Huang to explain why Nvidia wants to prioritize Chinese manufacturers over American companies. Nvidia CEO Jensen Huang met separately with President Donald Trump and Republican senators Wednesday as tech executives work to secure favorable federal policies for the artificial intelligence industry, including the limited sale of Nvidia's highly valued computer chips to U.S. rivals like China. Huang's closed-door meeting with Republicans on the Senate Banking Committee came at a moment of intensifying lobbying, soaring investments and audacious forecasts by major tech companies about AI's potential transformative effects. Huang is among the Silicon Valley executives who warn that any restrictions on the tech
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