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US upsets Nvidia: Company says GAIN AI Act helps China; may impact America’s economy

Nvidia is expressing strong opposition to the proposed AI GAIN Act, fearing it will hinder global competition and harm the U.S. economy. The legislation, aiming to prioritize domestic chip orders, could impose trade restrictions and require licenses for advanced chip exports. Nvidia argues the bill addresses a non-existent problem and could mirror the limiting effects of the AI Diffusion Rule.

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