Nvidia and AMD Lobby Trump Administration to Halt China Chip Export Curbs

Key Facts

1CEOs of Nvidia and AMD are reportedly lobbying the Trump administration to halt potential new restrictions on chip exports to China.

The CEOs of Nvidia and AMD are reportedly lobbying the administration of President Donald Trump to prevent the implementation of new restrictions on chip exports to China. Benzinga reported that the companies are seeking to halt potential trade barriers that would target AI chip exports, aiming to safeguard significant revenue streams from the Chinese market.

NVDA closed at $228.86 on September 28, 2026, while AMD closed at $607.87 on the same date. Across the broader semiconductor sector, TSM closed at $452.88 and INTC at $116.03 on September 28, 2026, as the industry monitors potential regulatory shifts from Washington.