GOP Sen. Josh Hawley moves to halt US-China AI collaboration, Fox News says

GOP Senator Josh Hawley has proposed a bill, the Decoupling America’s Artificial Intelligence Capabilities from China Act, which would cut off U.S.-China cooperation on AI, Morgan Phillips of Fox News reports. The bill would ban exports or imports of AI technology from China, ban American companies from conducting research there, and prohibit any U.S. investment in AI tech companies in China, according to the report. “Every dollar and gig of data that flows into Chinese AI are dollars and data that will ultimately be used against the United States,” said Hawley. “America cannot afford to empower our greatest adversary.” The bill is in direct response to the DeepSeek market shakeup over the past few days. Publicly traded stocks in the space include Nvidia (NVDA), Meta (META), Advanced Micro Devices (AMD), Intel (INTC), Qualcomm (QCOM), Marvel (MRVL), Texas Instruments (TXN), Micron (MU), Microchip (MCHP), TSMC (TSM), and ASML (ASML).