🚨 LATEST UPDATE :
🇺🇸 US Congress is preparing to pass tighter AI chip export controls following the Nvidia, $NVDA , scandal, per FT.
Details include:
1. Several bills are aiming to curb sales of sensitive chips outside of the US.
2. The bills will also give Congress the ability to review and potentially block sales already approved by the Trump Administration
3. Democrats and Republicans have both thrown support behind the bills
It appears more regulation is on the way.
$EVAA $INIT
🇺🇸 US Congress is preparing to pass tighter AI chip export controls following the Nvidia, $NVDA , scandal, per FT.
Details include:
1. Several bills are aiming to curb sales of sensitive chips outside of the US.
2. The bills will also give Congress the ability to review and potentially block sales already approved by the Trump Administration
3. Democrats and Republicans have both thrown support behind the bills
It appears more regulation is on the way.
$EVAA $INIT