Nvidia Scores Win as Congress Rejects Bid to Curb Chip Exports

Nvidia Corp. is on the verge of securing a massive lobbying win after US lawmakers kept a measure out of must-pass defense legislation that would have limited the company’s ability to sell their advanced artificial intelligence chips to China and other adversary nations.

The so-called GAIN AI Act would require chipmakers, including Nvidia and Advanced Micro Devices Inc., to give American customers first dibs on their powerful AI chips before selling in China and other arms-embargoed countries. Lawmakers sought to advance the proposal as part of the annual defense policy bill, which is set to be released on Friday. A person familiar with the defense bill said it is not in the bill, though the situation could still change unexpectedly.