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Nvidia scandal makes US chip export limits more likely this year, Politico says

Politico reports, citing sources, that Jensen Huang's affair has significantly raised the chances that Congress passes chip export limits this year through the National Defense Authorization Act, the yearly US defence law. Separately, Reuters found records showing that China's Northwestern Polytechnical University, which has close ties to the Chinese army, bought Nvidia H200 AI chips last month despite being on a US export blacklist. The Financial Times says the scandal also exposes networks in Singapore that help Chinese firms get around export controls.

Why it matters: New export rules would shape where Nvidia can sell its AI chips. No law has passed yet.