Nvidia spent at least $4.97 million on lobbying activities in Washington last year. During the first three quarters of this year, the company spent $4.69 million, putting it on course for a new annual record. Despite these amounts, the spending is expected to have little effect on Congress, where members of both parties have criticized Nvidia’s policy positions since the spy scandal. A former U.S. ambassador to Beijing says Congress will push for a complete ban on advanced semiconductor sales to China.
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