U.S. lawmaker targets Nvidia chip smuggling to China with new bill

U.S. Representative Bill Foster, a Democrat from Illinois, once worked as a particle physicist.

He plans to introduce legislation in coming weeks to verify the location of artificial-intelligence chips like those made by Nvidia (NVDA) after they are sold. The aim is to address reports of widespread smuggling of Nvidia’s chips into China in violation of U.S. export control laws.

Info via Reuters

This article was written by Eamonn Sheridan at www.forexlive.com.