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US lawmakers called for tighter AI chip export controls on China after allegations about Nvidia CEO Jensen Huang's ties to a suspected Chinese spy.

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00:00It's Benzinga, bringing Wall Street to Main Street.
00:02U.S. lawmakers renewed calls for tighter restrictions on China's access to advanced AI chips Tuesday,
00:09following allegations about NVIDIA CEO Jensen Huang's relationship with a suspected Chinese spy,
00:15according to Reuters. Senate Democratic Leader Chuck Schumer urged Congress to pass legislation
00:20strengthening chip export controls, tracking chips to combat smuggling, and restricting chip-making
00:26equipment exports to China. Republican Representative John Mulinar, who serves as House China Committee
00:32Chairman, called for export restrictions in the annual defense spending bill.
00:37President Trump said Monday that the FBI was investigating the allegations and expressed
00:41support for Huang. NVIDIA said its board has no reason to believe U.S. national security
00:47or company secrets were compromised. For all things money, visit Benzinga.com.

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