Nvidia Hires Former Intel Lobbying Chief Bruce Andrews to Lead Washington Strategy

Nvidia Hires Former Intel Lobbying Chief Bruce Andrews - NVIDIA (NASDAQ:NVDA)

Nvidia Taps Veteran Lobbyist To Help Navigate Washington's China Chip Curbs Veteran Washington Insider Joins Nvidia Andrews will serve as its Chief External Affairs Officer, reporting to General Counsel Tim Teter, Reuters reported. His role will focus on managing the company's relationships with U.S. policymakers as artificial intelligence (AI) and semiconductor regulation become increasingly central to national security debates. In a LinkedIn post announcing his move, Andrews said, "I'm looking forward to helping NVIDIA lead the AI revolution and reach new breakthroughs for America and the world." US-China Chip Restrictions Shape Nvidia Strategy The hiring comes as Nvidia faces tighter U.S. export controls on its most advanced AI chips bound for China. While Washington has restricted sales of high-end processors over security concerns, Nvidia has received licenses to export less advanced H200 chips. Reports have indicated that although U.S. regulators have approved certain Chinese buyers for Nvidia's H200 chips, shipments have yet to materialize. China Remains Critical Growth Market CEO Jensen Huang has argued that limiting access to China could weaken U.S. competitiveness in AI. He has said Nvidia must continue engaging the Chinese market or risk allowing rivals to fill the gap. Huang has also pointed to long-term opportunities in AI infrastructure, noting that global demand -- including in China -- remains a key driver of Nvidia's growth outlook. Price Action: Nvidia closed at $204.87, up 2.22% and was trading in Friday's pre-market at $205.86, up 0.48%, according to Benzinga Pro. According to Benzinga Edge Stock Rankings, NVDA is in the 98th percentile for growth, indicating strong medium and long-term performance, though its short-term trend is weaker. Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors. Photo courtesy: Shutterstock Market News and Data brought to you by Benzinga APIs To add Benzinga News as your preferred source on Google, click here.

Nvidia hires veteran lobbyist Bruce Andrews to head government affairs

SAN FRANCISCO, June 11 (Reuters) - Nvidia has hired veteran lobbyist Bruce Andrews to head government affairs in Washington, D.C., according to a posting by Andrews on LinkedIn on Thursday after Reuters reported his appointment. Andrews' move to the world's largest company comes as Nvidia attempts to ensure its continued influence in Washington and as its ties to China, where it wants to continue growing, face renewed scrutiny. Nvidia declined to comment. Andrews served as chipmaking rival Intel's government affairs chief under former CEO Pat Gelsinger and was a Commerce Department official during the Obama administration. "I'm looking forward to helping NVIDIA lead the AI revolution and reach new breakthroughs for America and the world," Andrews said on LinkedIn. Nvidia has received licenses from the U.S. to sell its less advanced H200 chips to China. Reuters reported in May that the U.S. had cleared roughly 10 Chinese companies to buy Nvidia's H200 artificial intelligence processors, but not a single delivery had been made at the time. Nvidia's CEO Jensen Huang has made the case that it is crucial to sell its hardware to China, or risk non-American companies reaping the benefits. The company's most advanced AI chips are restricted by the U.S. for export to China. But Huang said last month that the $200 billion market forecast for its Vera central processor sales includes China. Andrews will report to Nvidia's general counsel, Tim Teter. His title will be Chief External Affairs Officer, according to his LinkedIn post. The veteran lobbyist did not respond to a request for comment. (Reporting by Max A. Cherney in San Francisco; Additional reporting by David Shepardson in Washington; Editing by Sonali Paul)