Latest Search
Quote
| Back Zoom + Zoom - | ||||
|
US Senate Passes Bill Prioritizing Advanced AI Chip Supply for US; Coordination with House Required for Final Version
Recommend 1 Positive 9 Negative 7 |
||||
|
||||
|
The US Senate passed a bill by a majority vote mandating that Nvidia (NVDA.US) and Advanced Micro Devices (AMD.US) must ensure that US companies have priority access to advanced AI chips before exporting to China. The proponents of the bill said that it aims to enhance US competitiveness in cutting-edge industries and restrict exports to China and other foreign adversaries. The Senate passed provisions related to the annual defense policy bill, but the House of Representatives passed its version last month without export control language. The two chambers must now negotiate a final version. AASTOCKS Financial News Website: www.aastocks.com |
||||
Copied to Clipboard
 |
||||
