House Foreign Affairs chair: 'Very likely' chips restrictions make it into defense bill

Detailed summary

Rep. Brian Mast said the Nvidia scandal has added momentum to the effort to pass tighter guardrails on exports of advanced US chips.

House Foreign Affairs Chair Brian Mast said Thursday it is "very likely" a group of bills that would impose new guardrails on exports of advanced US chips to China will make it into a must-pass annual defense bill this year. The Florida Republican told reporters that the controversy involving Jensen Huang, who resigned as Nvidia's CEO earlier Thursday after revelations he had an extramarital relationship with a potential Chinese spy, has added momentum to the effort. "If he doesn't know who he's in bed with, he doesn't know where all the chips are going either, and we know that for a fact," said Mast, whose committee oversees export control policy.

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