Nvidia Boosts Federal Lobbying Cash in Q3 While AI Debates Surge

Nvidia Corp. shelled out nearly $2.2 million on federal lobbying in the third quarter, the chipmaker’s biggest investment in disclosed influence efforts to date, new filings show.

The world’s most valuable company, with a market cap of more than $5 trillion, makes chips that power artificial intelligence and has been at the center of rising fights in Washington and on the midterm campaign trail over the technology, data centers, and potential risks stemming from AI.

Nvidia has spent $4.7 million on federal lobbying so far this year, according to federal lobbying disclosures through the third quarter. It spent about $5 …