Democratic senators Elizabeth Warren and Chris Coons are asking the Trump administration to preserve records related to licenses for exports of Nvidia artificial intelligence chips to China. Warren specifically requested Commerce Department documents on H200 chip licensing, setting a deadline of January 12, 2026, while Coons is advocating for export restrictions to be written into law. The administration has allowed limited H200 exports to China in exchange for a 15% to 25% revenue share, prompting criticism over oversight of these flows. The AI OVERWATCH Act, the SAFE CHIPS Act and the proposed FY2027 National Defense Authorization Act seek to impose tighter limits. Nvidia shares fell more than 4% in a single trading session in November 2026, while investigations into suspected diversion through Megaspeed continue.
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