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Jeffries said there are real concerns that need to be addressed regarding the Nvidia situation, noting the matter surfaced in an intelligence briefing but was mostly about Iran. He added that he strongly supports Senate NDAA chip restrictions on China becoming law. The comments put Nvidia's China exposure and pending semiconductor curbs back in focus for investors. Watch whether the Senate NDAA chip restrictions are enacted and how they affect Nvidia's China business.

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Nvidia (NVDA), Jeffries, Senate NDAA, China, Iran

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