The controversy surrounding Jensen Huang has impacted lobbying efforts, weakening Nvidia's influence in Washington.

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Nvidia's lobbying efforts against restrictions on Chinese companies' access to chips are losing momentum in Washington. This trend has made it easier to advance three bills: the MATCH Act restricts the export of lithography equipment to China; the Overwatch Act gives Congress the authority to oversee the Commerce Department's decisions to approve the sale of AI chips to countries such as China; and the Chip Security Act requires AI chips to have built-in tracking capabilities. The National Defense Authorization Act is expected to pass before the new Congress convenes in January. Republican leaders are pushing the legislation forward and have a say in the final bill's content. (Source: The Information)

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