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Story summary
- The United States–China competition over AI chip technology intensifies.
- Nvidia faces challenges as China develops its own capabilities through Moore Threads.
- Moore Threads debuted with a 468% surge in its stock.
- Moore Threads is backed by the Chinese government and plans to release new chips annually.
- A bipartisan group of U.S. senators proposed a bill to restrict China's access to advanced AI chips, citing national security concerns.
