Caroline Hyde

AI chips since 2022 and have really hampered NVIDIA's ability to sell into China, which is the world's second largest AI and chip market right now.

And it's something that he has made a priority, even though NVIDIA is not putting the China market on its forecasts or anything else.

Yet he's identified it as a $50 billion opportunity for the company.

Of course, Ed.

And this was actually a big portion of his visit to Washington.

It was another whirlwind day in the nation's capital for Jensen, who has become a regular here in Washington, both on Capitol Hill, but even more so at the White House, where he has forged that close bomb with President Donald Trump.

What NVIDIA has been trying to do is fend off this Gain AI Act, which would prevent

or make it at least very hard for NVIDIA to sell to China and other U.S.

adversary nations without explicit permission from the U.S.

government.

The company has argued that, look, we don't need these restrictions in place.

The Commerce Department already has the authority to do so.

And there is no competition between customers in China and the customers here in the U.S.

The bill also would have required the company to give first dibs to American buyers,

It looks like lawmakers are going to exclude this provision from must pass defense legislation that has to be done before the end of the year.

However, we can't consider it completely dead.

Our sense is that Congress may try again.

There is bipartisan support for this idea.

And we do get a sense that some lawmakers still have concerns about allowing China to have access to some of those advanced AI chips from NVIDIA.

Yeah, this is exactly what Jensen Wang is talking about.