Group 1 - Arm CEO Rene Haas criticized the US semiconductor export controls to China, stating that such measures could hinder overall technological progress and negatively impact consumers and industry participants [2][3] - The US implemented new export controls on AI chips to China in April, which led to Nvidia's inability to sell its H20 chip in the Chinese market, resulting in a projected loss of $4.5 billion for the first quarter of fiscal year 2026 and an expected $8 billion revenue loss for the second quarter [2] - Nvidia CEO Jensen Huang also criticized the export controls, labeling them as "failed" and suggesting that they have inadvertently accelerated growth and innovation among Chinese competitors like Huawei [3][4] Group 2 - Arm is also affected by US export control policies, which prevent its high-performance processor IP for infrastructure from being exported to China [3] - Rene Haas has been actively lobbying in the US, spending more time in Washington over the past year and a half than in his entire career, while acknowledging that the current US government has many knowledgeable individuals connected to the industry [3] - Huang warned that if restrictions on AI chips to China persist, local manufacturers like Huawei will gain a competitive advantage, as the technology gap is only one generation [4]