DiscoverMarkets & Money Today | 2 Min News | The Daily News Now!White House Urges Congress to Reject AI Chip Export Limits
White House Urges Congress to Reject AI Chip Export Limits

White House Urges Congress to Reject AI Chip Export Limits

Update: 2025-11-20
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White House officials urge Congress to reject the GAIN AI Act, which would limit Nvidias chip sales to China. The act aims to prioritize American companies, but Nvidia, the worlds most valuable company, has lobbied against it. Meanwhile, a separate bill, the SAFE Act, is being considered to codify existing limits on AI chip sales to China. The fate of both bills remains undecided, highlighting Congresss growing interest in shaping semiconductor export controls.

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White House Urges Congress to Reject AI Chip Export Limits

White House Urges Congress to Reject AI Chip Export Limits