What is GAIN Act that Nvidia CEO Jensen Huang says will hurt America 'most'

In a remarkable turn of events, Nvidia's CEO Jensen Huang managed to persuade lawmakers to dismiss the GAIN AI Act, designed to favor American chip buyers over their Chinese counterparts. Huang described the decision to exclude this bill from the defense package as 'shrewd,' acknowledging the potential risks it posed to the US chip industry's global standing.

What is GAIN Act that Nvidia CEO Jensen Huang says will hurt America 'most'
In a remarkable turn of events, Nvidia's CEO Jensen Huang managed to persuade lawmakers to dismiss the GAIN AI Act, designed to favor American chip buyers over their Chinese counterparts. Huang described the decision to exclude this bill from the defense package as 'shrewd,' acknowledging the potential risks it posed to the US chip industry's global standing.