China’s Access to Some Nvidia Chips in Doubt as Curbs Gain Traction in US Congress
Chinese AI shares tumbled on Friday, as investors worried that Jensen Huang's departure as Nvidia CEO could further restrict Chinese access to advanced US chips, deepening the technology divide between the world's two biggest economies. US House Speaker Mike Johnson said on Thursday there was growing consensus in Congress on limiting chip exports to China after a spy scandal forced out Huang, who has pushed to preserve access to the Chinese market and has close ties with US President Donald Trump.
