Nvidia may face a more hostile post-election Washington: Report
Nvidia CEO Jensen Huang's relationship with President Trump may not protect the chipmaker from increased regulatory pressure in Washington following the recent election, according to Semafor.
Even as victorious Democrats prepare to lead regulatory committees, Republicans are planning to impose stricter export controls on chips, creating a challenging environment for the semiconductor giant.
Three Republican House members have requested Huang to appear in a briefing regarding whether he was targeted by a Chinese intelligence agent, while Democratic Senator Elizabeth Warren has called for his testimony on Nvidia's chip sales to China and related matters.
Political Pressure Mounts
CEO Jensen Huang's relationship with President Donald Trump probably won't save the company from a more hostile Washington in the post-election era
Despite Huang's previous meeting with President Trump to discuss export controls and his appointment to Trump's Council of Advisors on Science and Technology, the company may not escape increased congressional scrutiny. Nvidia's China sales have become a particular focus for lawmakers concerned about national security.
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