Looks like Nvidia just dodged a bullet in Washington. US lawmakers decided to leave out a provision from the defense bill that would've seriously restricted their ability to ship high-end AI chips to China.

This is huge for the chipmaker. The proposed measure was sitting in that must-pass legislation, which means it had serious momentum. But after what appears to be intense lobbying efforts, that restriction never made it into the final version.

Why does this matter? Advanced AI chips are the backbone of everything from machine learning infrastructure to crypto mining operations. Any limits on Nvidia's export capabilities would've rippled through global tech supply chains, potentially affecting data centers and computational resources worldwide.

For now, Nvidia keeps its flexibility in one of the world's largest markets. Whether this holds up as US-China tech policy continues evolving? That's the real question hanging over the industry.