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US Nears China Chip Curbs
U.S. House Speaker Mike Johnson said that support is growing in Congress for imposing restrictions on semiconductor chip exports to China, noting that recent developments could change some lawmakers’ positions. Legislative efforts are considering three bills that could be included in the fiscal year 2027 National Defense Authorization Act, with the aim of tightening oversight of advanced chip exports. These efforts come amid U.S. national security concerns and reports of an alleged relationship between Nvidia’s chief and a person suspected of having ties to Chinese intelligence.
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