On Thursday, December 4, 2025, a bipartisan group of U.S. senators introduced the Secure and Feasible Exports Chips Act (SAFE Chips Act), a legislative package that would prevent the Trump administration from loosening export controls on Nvidia’s H200 and forthcoming Blackwell series, as well as AMD’s MI308, MI355X and upcoming MI350 chips. The bill requires the Commerce Department to deny export licenses for these parts for a 30‑month period, effectively locking the U.S. government in place of the Trump administration’s proposed easing of restrictions.
The SAFE Chips Act targets Nvidia’s most advanced GPUs—H200, Blackwell, and the earlier H20 model that has already faced export‑control scrutiny—and AMD’s high‑performance MI308 and MI355X series, with the MI350 slated for release in 2025. By codifying existing export‑control thresholds, the legislation would keep the U.S. government from granting licenses that would allow Chinese customers to purchase these chips, thereby preserving the U.S. technological lead in AI and limiting China’s access to cutting‑edge hardware.
Nvidia’s China revenue has already been shrinking: $5.79 billion in FY2023, $10.31 billion in FY2024, and $17.11 billion in FY2025, representing 21.45%, 16.92% and 13.11% of total revenue respectively. The bill would further reduce Nvidia’s share of the $50 billion AI‑accelerator market that the company has been able to tap only in lower‑tier segments, potentially cutting its China revenue by several hundred million dollars and forcing a shift of resources toward U.S. and other Western hyperscalers.
The Trump administration had signaled a willingness to relax export controls in exchange for revenue concessions, and Nvidia’s CEO Jensen Huang has met with the president to argue that stricter controls would hurt U.S. innovation and national security. Huang has stated that the Chinese AI chip market is effectively closed to U.S. firms under current restrictions, yet the company still generates significant revenue from China. The SAFE Chips Act removes the possibility of a policy reversal, solidifying a hard line that Nvidia has been lobbying against.
Beyond Nvidia, the bill reflects a broader U.S. strategy to curb China’s semiconductor self‑sufficiency. By limiting access to high‑performance GPUs from both Nvidia and AMD, the legislation aims to slow China’s AI and military development while encouraging Chinese firms to invest in domestic chip production. For Nvidia, the act signals a long‑term shift away from China’s high‑margin AI market and a potential acceleration of investment in U.S. hyperscalers and other growth regions.
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