What’s even more surprising is that the White House itself reportedly asked Congress to include a provision in the bill requiring the Commerce Department to issue rules blocking remote access to certain chips. That’s a shift in the White House’s position. If that provision passes, GPU spot prices could take a hit, too. Quoted @jukan05: According to The Information, NVIDIA has long lobbied hard against proposals to restrict Chinese companies’ access to its latest chips through overseas cloud providers. But since the scandal surrounding Jensen Huang broke, that lobbying appears to carry less weight in Washington. The fallout has reportedly made it easier to advance three bills. The MATCH Act would restrict shipments of lithography equipment to China. The Overwatch Act would give Congress greater oversight of the Commerce Department’s decisions to approve AI chip sales to countries such as China. The Chip Security Act would require AI chips to have built-in tracking capabilities. The National Defense Authorization Act is expected to pass before the new Democratic-led Congress convenes in January. That gives Republican leaders an incentive to help move the legislation forward now, while they still have more say over what goes into the final bill.