Nvidia is spending more than ever on Washington lobbying. It may not stop Congress from limiting China chip sales now.
Summary
Nvidia is increasing its political lobbying expenditures in Washington to unprecedented levels. Despite these rising investments, lawmakers are still expected to pursue a total prohibition on advanced semiconductor exports to China.
‘There’s no question that Congress is going to push for a complete ban on the sale of advanced semiconductors into China,’ says a former U.S. ambassador to Beijing
Source: Read the full story at MarketWatch.com - Top Stories
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