GeopoliticsMedium•11 November 2026•
1 min read
U.S. Congress Pushes for Total Ban on Advanced Chip Sales to China
Key Facts
1Former U.S. Ambassador to China Nicholas Burns stated that Congress will push for a complete ban on advanced semiconductor sales to China.
2The legislative moves follow reports of Chinese espionage attempts targeting Nvidia's CEO Jensen Huang.
Former U.S. Ambassador to China Nicholas Burns stated that Congress will push for a complete ban on advanced semiconductor sales to China. CNBC reported that these legislative moves follow reports of Chinese espionage attempts targeting Nvidia CEO Jensen Huang.
Nvidia closed at $168.89 on November 10, 2026, amid intensifying geopolitical tensions affecting the semiconductor sector. On the same date, AMD closed at $515.21, while INTC closed at $58.13 and TSM closed at $396.48, as recent trade data from China showed imports grew by 41.6% on November 10, 2026.