WASHINGTON -- WASHINGTON (AP) — Nvidia CEO Jensen Huang met separately with President Donald Trump and Republican senators Wednesday as tech executives work to secure favorable federal policies for the artificial intelligence industry, including the limited sale of Nvidia's highly valued computer chips to U.S. rivals like China.

Both companies could help bring quantum computing power to AI systems, but they are taking different approaches to the technology.

Nvidia Corp. is on the verge of securing a massive lobbying win after US lawmakers kept a measure out of must-pass defense legislation that would have limited the company’s ability to sell their advanced artificial intelligence chips to China and other adversary nations.

By Stephen Nellis SAN FRANCISCO, Dec 3 (Reuters) - Nvidia on Wednesday published new data showing that its latest artificial intelligence server can improve the performance of new models - including two popular ones from China - by 10 times.

The company's finally got some credible competition, with more waiting in the wings.

In a wide-ranging interview, Huang claims AI growth is gradual, powerful and already changing global power dynamics.

Cambricon Technologies Corp. plans to more than triple its production of AI chips in 2026, aiming to wrest market share from Huawei Technologies Co. in China and fill a void left by Nvidia Corp.’s forced exit.

This fast-growing AI stock is a no-brainer buy right now thanks to its attractive valuation.

Nvidia stock slipped on Wednesday as investors reacted to fresh competitive pressure from Amazon’s new Trainium 3 artificial intelligence chip, the latest sign that major cloud providers are accelerating efforts to develop their own AI silicon.