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The White House urges Congress to veto the export restrictions bill on NVIDIA.
On November 20, news came out from the cryptocurrency world that the White House is pressuring Congress to reject the bill that restricts Nvidia's exports.
This matter is quite interesting, as NVIDIA's chips are not only needed by gamers and AI companies, but the mining and computing power rental market has also been keeping an eye on it. If the export restrictions are truly overturned, it will have a significant impact on the supply chain of the entire computing power market.
It is still unknown how Congress will vote, but since the White House has made a public statement, the subsequent developments are worth following closely.