Export controls need to be tightened after revelations the Chinese company used Nvidia technology, the leaders of a congressional committee said.

Two members of U.S. Congress are calling on President Donald Trump's administration to consider restricting the export of artificial intelligence chips made by Nvidia , alleging Chinese AI firm DeepSeek has relied on them.

US officials are probing whether Chinese AI startup DeepSeek bought advanced Nvidia Corp. semiconductors through third parties in Singapore, circumventing US restrictions on sales of chips used for artificial intelligence tasks,

DeepSeek’s AI models reportedly rival OpenAI’s for a fraction of the cost and compute.

DeepSeek stunned the tech world with the release of its R1 "reasoning" model, matching or exceeding OpenAI's reasoning model for a fraction of the cost.

Two US lawmakers are urging tighter export controls on Nvidia's AI chips, fearing China's growing AI capabilities. Their concerns stem from reports that a Chinese firm used these chips — currently outside the scope of U.

American AI stocks got sucker punched after China's DeepSeek app reportedly showed advancements against rivals sending investors into sell mode, shaving 3% off the Nasdaq.

Nvidia said in a statement it is "ready to work with the administration as it pursues its own approach to AI."

Two members of the U.S. Congress, Republican John Moolenaar and Democrat Raja Krishnamoorthi, are urging President Donald Trump's administration to consider placing restrictions on the export of artificial intelligence (AI) chips manufactured by Nvidia (NASDAQ:NVDA).