Congressional leaders coalesce behind new AI chip export curbs after Nvidia scandal

Senate Majority Leader John Thune told Semafor there is a "high probability" Congress imposes new restrictions on AI chip exports to China, and House Speaker Mike Johnson said Thursday there is "a developing consensus" for tighter controls in light of the Nvidia scandal. Three measures, the Chip Security Act, the MATCH Act and the AI Overwatch Act, are in the Senate's version of the NDAA defense bill, but leaders said there is no deal yet to keep them in the final version now being negotiated between the chambers. House Minority Leader Hakeem Jeffries and Senate Democratic Leader Chuck Schumer also back the curbs.