Nvidia is spending more than ever on Washington lobbying. It still may not be able to stop Congress from limiting its China chip sales now.

AI Summary

Nvidia is increasing its lobbying in Washington as Congress considers restricting or banning sales of advanced semiconductors to China. A former U.S. ambassador to Beijing says congressional support for a complete ban may be difficult for the company to overcome.

‘There’s no question that Congress is going to push for a complete ban on the sale of advanced semiconductors into China,’ says a former U.S. ambassador to Beijing