By MATT BROWN
WASHINGTON (AP) â Nvidia CEO Jensen Huang met separately with President Donald Trump and Republican senators Wednesday as tech executives work to secure favorable federal policies for the artificial intelligence industry, including the limited sale of Nvidiaâs highly valued computer chips to U.S. rivals like China.
Huangâs closed-door meeting with Republicans on the Senate Banking Committee came at a moment of intensifying lobbying, soaring investments and audacious forecasts by major tech companies about AIâs potential transformative effects.
Huang is among the Silicon Valley executives who warn that any restrictions on the technology will halt its advancement despite mounting concerns among policymakers and the public about AIâs potential pitfalls or the ways foreign rivals like China may use American hardware.
âIâve said repeatedly that we support export control, that we should ensure that American companies have the best and the most and first,â Huang told reporters before his meeting at the Capitol.
He added that he shared concerns about selling AI chips to China but believed that restrictions havenât slowed Chinese advancement in the AI race.
âWe need to be able to compete around the world. The one thing we canât do is we canât degrade the chips that we sell to China. They wonât accept that. Thereâs a reason why they wouldnât accept that, and so we should offer the most competitive chips we can to the Chinese market,â Huang said.
Huang also said heâd met with Trump earlier Wednesday and discussed export controls for Nvidiaâs chips. Huang added that he wished the president âa happy holidays.â
The Trump administration in May reversed Biden-era restrictions that had prevented Nvidia and other chipmakers from exporting their chips to a wide range of countries. The White House in August also announced an unusual deal that would allow Nvidia and another U.S. chipmaker, Advanced Micro Devices, to sell their chips in the Chinese market but would require the U.S. government to take a 15% cut of the sales.
The deal divided lawmakers on Capitol Hill, where there is broad support for controls on AI exports.
Members of Congress have generally considered the sale of high-end AI chips to China to be a national security risk. China is the main competitor to the U.S. in the race to develop artificial superintelligence. Lawmakers have also proposed a flurry of bills this year to regulate AIâs impact on dozens of industries, though none have become law.
Most Republican senators who attended the meeting with Huang declined to discuss their conversations. But a handful described the meeting as positive and productive.
âFor me, this is a very healthy discussion to have,â said Sen. Mike Rounds, a South Dakota Republican. Rounds said lawmakers had a âgeneral discussionâ with Huang about the state of AI and said senators were still open to a wide range of policies.
Asked whether he believed Nvidiaâs interests and goals were fully aligned with U.S. national security, Rounds replied: âThey currently do not sell chips in China. And they understand that theyâre an American company. They want to be able to compete around the rest of the world. Theyâd love to some time be able to compete in China again, but they recognize that export controls are important as well for our own national security.â
Other Republicans were more skeptical of Huangâs message.
Sen. John Kennedy, a Louisiana Republican who sits on the upper chamberâs Banking Committee, said he skipped the meeting entirely.
âI donât consider him to be an objective, credible source about whether we should be selling chips to China,â Kennedy told reporters. âHeâs got more money than the Father, the Son and the Holy Ghost, and he wants even more. I donât blame you for that, but if Iâm looking for someone to give me objective advice about whether we should make our technology available to China, heâs not it.â
Some Democrats, shut out from the meeting altogether, expressed frustration at Huangâs presence on Capitol Hill.
âEvidently, he wants to go lobby Republicans in secret rather than explain himself,â said Massachusetts Sen. Elizabeth Warren, the top Democrat on the Senate Banking Committee.
Warren added that she wanted Huang to testify in a public congressional hearing and answer âquestions about why his company wants to favor Chinese manufacturers over American companies that need access to those high-quality chips.â