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Labrish
Nyuuz
Nvidia begs US to lift China chip ban
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[QUOTE="Munyaradzi Mafaro, post: 41019, member: 636"] NVIDIA spent nearly one million dollars lobbying the US government during the first quarter of 2025. The chip maker wants officials to ease export rules that block sales of advanced AI chips to China. Government restrictions have hit NVIDIA hard since both the Biden and Trump administrations created new barriers. The company argues these limits could hurt America's lead in artificial intelligence markets. NVIDIA fears losing ground to Chinese competitors who make similar products. The Biden administration restricted NVIDIA from selling unlimited AI chips to most countries except 18 approved nations. Trump officials later added more rules that require export licenses for H20 GPU sales to China. NVIDIA expected to lose $5.5 billion in first-quarter revenue because of these changes. The company actually missed $2.5 billion in product shipments and warned about $8 billion in lost sales for the current quarter. Stock prices went up after earnings reports showed the damage was less than investors feared. NVIDIA's quarterly filing told investors the company might not be able to make competitive products for China's data center market. The filing warned that government approval problems could block NVIDIA from competing in China's computing market entirely. Company CEO Jensen Huang says restricting sales to China risks giving market share to Chinese firms. Government officials respond that AI chips could help China's military threaten US national security. The debate continues as both sides defend their positions on trade and technology controls. [/QUOTE]
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Nyuuz
Nvidia begs US to lift China chip ban
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