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GOP Senators Applaud Trump's Nvidia Advanced Chip Ban As Jensen Huang Warns China Could Dominate AI Race — Urges US To Race Ahead By Doing This - NVIDIA (NASDAQ:NVDA)
NvidiaNvidia(US:NVDA) Benzinga·2025-11-07 04:36

Group 1 - Republican senators praised President Trump for maintaining strict export controls on Nvidia's advanced AI chips to China, emphasizing the importance of this decision for America's position in the AI race [1][2] - Nvidia CEO Jensen Huang warned that China could surpass the U.S. in AI due to its large developer base and growing ecosystem, advocating for the retention of American-made chips among Chinese engineers to maintain U.S. technological dominance [3] - Despite export restrictions, Nvidia remains the world's most valuable semiconductor company, with a market valuation of approximately $4.57 trillion and over $500 billion in chip orders secured through 2026 [4] Group 2 - Nvidia is scheduled to report earnings on November 19, 2025, and ranks in the 98th percentile for Growth and 93rd percentile for Quality according to Benzinga's Edge Stock Rankings, indicating strong performance relative to competitors [5]