Warren invites Nvidia CEO Jensen Huang to Senate hearing on China AI chip sales Senator Elizabeth Warren has invited Nvidia CEO Jensen Huang to testify before the Senate Banking Committee on June 11, specifically regarding the company’s sales to China and its role in the AI boom. This follows concerns that advanced U.S. chips could be used by China to strengthen its military and surveillance capabilities, potentially undermining U.S. security despite American companies profiting from these sales. Warren also highlighted broader AI impacts on workers and proposed an excise tax on data centers.

• Sen. Elizabeth Warren invited Nvidia CEO Jensen Huang to testify before the Senate Banking Committee on June 11.
• The hearing will focus on Nvidia’s sales to China, U.S. export control laws, and the company’s role in the global AI boom.
• Concerns exist that advanced U.S. chips sold to China could be used for military and surveillance purposes, threatening U.S. national security.
• Both Biden and Trump administrations have attempted to restrict China’s access to advanced AI chips.
• Nvidia has argued that overly broad export limits could harm U.S. competitiveness.
• Republicans on the House Energy and Commerce Committee are also investigating China’s efforts to impede U.S. AI development.
• Warren expressed worry that U.S. companies are profiting from technology sales that weaken U.S. security.
• Warren also raised concerns about AI causing major worker disruption and proposed an excise tax on data centers to fund social services.
• Huang recently accompanied former President Donald Trump to China for a summit with President Xi Jinping.