US Senate passes measure that limits Nvidia and AMD’s AI chip exports to China

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Artificial intelligence chip firms Nvidia Corp and Advanced Micro Devices (AMD) would have to ensure American companies get priority access to their products before China under legislation the US Senate has passed, a setback for the technology industry’s efforts to block the measure.The bipartisan legislation was easily approved in a vote late on Thursday. It is designed to bolster US competitiveness in cutting-edge industries and curb exports to China and other foreign adversaries, according...