Nvidia CEO is in Congress’ sights after spy scandal
Published . Updated .
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Lawmakers are eyeing stricter export controls that would limit company chip sales to Beijing, as well as investigations.
Directly affected
- NVDA Nvidia
Named in this report.
Indirectly affected
- SMH VanEck Semiconductor ETF
VanEck Semiconductor ETF: it holds chipmakers. Linked by “nvidia” (semiconductors) in this story.
- SOXX iShares Semiconductor ETF
iShares Semiconductor ETF: it holds chipmakers. Linked by “nvidia” (semiconductors) in this story.
- FXI iShares China Large-Cap ETF
iShares China Large-Cap ETF holds stocks listed in China, which this story is about (“beijing”).
- ASML ASML Holding N.V
ASML Holding N.V (special industry machinery): chip demand, export rules and supply drive chipmakers' shares. Linked by “nvidia” (semiconductors) in this story.
- TSM Taiwan Semiconductor Manufacturing
Taiwan Semiconductor Manufacturing (semiconductors and related devices): chip demand, export rules and supply drive chipmakers' shares. Linked by “nvidia” (semiconductors) in this story.
- AVGO Broadcom
Broadcom (semiconductors and related devices): chip demand, export rules and supply drive chipmakers' shares. Linked by “nvidia” (semiconductors) in this story.
- AMD Advanced Micro Devices
Advanced Micro Devices (semiconductors and related devices): chip demand, export rules and supply drive chipmakers' shares. Linked by “nvidia” (semiconductors) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| NVDA | +15.63% | +1.65% | base | after close | after close | after close | after close |
| SMH | +6.39% | -8.41% | base | after close | after close | after close | after close |
| SOXX | +5.56% | -10.80% | base | after close | after close | after close | after close |
| FXINo price data for this ticker | — | — | — | — | — | — | — |
| ASML | +2.58% | -10.15% | base | after close | after close | after close | after close |
| TSM | +4.13% | -9.33% | base | after close | after close | after close | after close |
| AVGO | +3.92% | -8.78% | base | after close | after close | after close | after close |
| AMD | -4.84% | -20.69% | base | after close | after close | after close | after close |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
Nvidia CEO is in Congress’ sights after spy scandal Semafor
Source: Semafor
This story
| Company | When | Move | Status |
|---|---|---|---|
| AMD | three days earlier | -20.69% | final price |
| AMD | five days earlier | -4.84% | final price |
| ASML | three days earlier | -10.15% | final price |
| ASML | five days earlier | +2.58% | final price |
| AVGO | three days earlier | -8.78% | final price |
| AVGO | five days earlier | +3.92% | final price |
| NVDA | three days earlier | +1.65% | final price |
| NVDA | five days earlier | +15.63% | final price |
| SMH | three days earlier | -8.41% | final price |
| SMH | five days earlier | +6.39% | final price |
| SOXX | three days earlier | -10.80% | final price |
| SOXX | five days earlier | +5.56% | final price |
| TSM | three days earlier | -9.33% | final price |
| TSM | five days earlier | +4.13% | final price |
Trades by members of Congress and officials in the stocks in this story
- Rep. Maria Elvira Salazar bought Nvidia (NVDA), worth $1,001 - $15,000 on 23 Oct 2026. That is 18 days before publication. Filed 5 Nov 2026. View the filing.
- Rep. Pete Sessions sold Nvidia (NVDA) (held by a spouse), worth $15,001 - $50,000 on 2 Oct 2026. That is 39 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Cleo Fields bought Nvidia (NVDA), worth $1,001 - $15,000 on 1 Oct 2026. That is 40 days before publication. Filed 22 Oct 2026. View the filing.
- Rep. Kevin Hern sold Asml Holding (ASML) (jointly held), worth $15,001 - $50,000 on 23 Oct 2026. That is 18 days before publication. Filed 28 Oct 2026. View the filing.
- Rep. Cleo Fields bought Taiwan Semiconductor Manufacturing (TSM), worth $1,001 - $15,000 on 9 Oct 2026. That is 32 days before publication. Filed 22 Oct 2026. View the filing.
- Rep. Gilbert Cisneros bought Taiwan Semiconductor Manufacturing (TSM), worth $1,001 - $15,000 on 22 Sep 2026. That is 49 days before publication. Filed 12 Oct 2026. View the filing.
- Rep. Michael T. McCaul sold Taiwan Semiconductor Manufacturing (TSM) (held by a spouse), worth $1,001 - $15,000 on 25 Aug 2026. That is 77 days before publication. Filed 14 Oct 2026. View the filing.
- Rep. Rohit Khanna sold Broadcom (AVGO) (held by a spouse), worth $1,001 - $15,000 on 25 Sep 2026. That is 46 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. John J McGuire III sold Broadcom (AVGO) (held by a spouse), worth $1,001 - $15,000 on 24 Sep 2026. That is 47 days before publication. Filed 1 Nov 2026. View the filing.
- Rep. Rohit Khanna sold Broadcom (AVGO) (held by a dependent child), worth $15,001 - $50,000 on 23 Sep 2026. That is 48 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Advanced Micro Devices (AMD) (held by a spouse), worth $1,001 - $15,000 on 4 Sep 2026. That is 67 days before publication. Filed 7 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, sold Advanced Micro Devices (AMD), worth $1,000,001 - $5,000,000 on 21 Aug 2026. That is 81 days before publication. Filed 8 Oct 2026. View the filing.
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
How solid “Nvidia CEO is in Congress’ sights after spy scandal” looks
12 out of 100
“Nvidia CEO is in Congress’ sights after spy scandal” scores 12 out of 100. The score uses 1 sources.