Nvidia(US:NVDA) Hua Er Jie Jian Wen·2025-12-04 00:25Core Insights - Nvidia's lobbying efforts have successfully led to the exclusion of the GAIN AI Act from the upcoming National Defense Authorization Act (NDAA), which would have imposed restrictions on the sale of advanced AI chips to certain foreign markets [1][4] - Nvidia's CEO Jensen Huang described the decision to exclude the GAIN AI Act as "wise," emphasizing the potential dangers the act posed to the U.S. [1][2] Group 1: Legislative Developments - The GAIN AI Act aimed to require chip manufacturers like Nvidia and AMD to prioritize U.S. customer demands before exporting powerful AI chips to restricted countries [1][6] - Huang's visit to Washington, where he met with key lawmakers, was pivotal in influencing the legislative outcome [2][4] - The White House played a crucial role in the legislative process, with officials pressuring Congress to exclude the GAIN AI Act from the NDAA [4] Group 2: Industry Reactions - The GAIN AI Act's shelving marks the end of a fierce lobbying battle over AI technology export controls, with supporters advocating for national security and opponents, including Nvidia, warning against stifling global competition [3][6] - Nvidia argued that the GAIN AI Act was unnecessary, asserting that the company would not sacrifice U.S. customer supply in favor of foreign sales, and that restrictive trade policies could hinder innovation [3][6] Group 3: Implications for the Semiconductor Industry - The GAIN AI Act's exclusion from the NDAA is seen as positive news for Nvidia and other semiconductor companies, alleviating concerns over new export controls disrupting their global revenue streams [6]