By Bram Berkowitz
Publication Date: 2025-11-25 16:00:00
Media reports suggest the White House is urging lawmakers to kill a pending bill in Congress that would increase export curbs on U.S.-made semiconductors.
The artificial intelligence (AI) chip giant Nvidia (NVDA 4.27%) just reported a strong quarter of earnings and guided for higher revenue in the current quarter than Wall Street analysts had been modeling.
That’s with management excluding any potential revenue from China, which has previously been a significant market for Nvidia. Geopolitical tensions between the U.S. and China, including tariffs and chip export curbs imposed by the U.S. government, have stalled the business in the country, which could be a material contributor to overall revenue if it gets back on track.
While U.S.-China trade relations are far from settled, Nvidia investors recently got some good news on this front.
White House potentially softening on Nvidia export curbs
Recently, Bloomberg, along with other major outlets such as Axios, reported that the White House is urging Congress to vote against a bill that would further restrict Nvidia’s chip exports to China.
Image source: Nvidia.
The Guaranteeing Access and Innovation for National Artificial Intelligence Act (GAIN AI Act) would require U.S. chip companies, such as Nvidia, to prioritize U.S. sales for graphics processing units (GPUs) before being able to sell them abroad to businesses in China. According to Bloomberg, the law is written in a way that would make it difficult for Nvidia to sell…
