"Commerce Secretary Raimondo Urges Funding Boost to Counter China's AI Chip Threat"

US Commerce Secretary Gina Raimondo has called for more funding for the Commerce Department's Bureau of Industry and Security to prevent China from obtaining cutting-edge semiconductors. Raimondo emphasized the need to deny China access to advanced technology and urged American companies to adapt to national security priorities, even if it means sacrificing short-term revenue. She specifically mentioned Nvidia Corp., which designed chips for the Chinese market after the US imposed export controls. Raimondo stressed the importance of being vigilant about the national security threat posed by China and called it the biggest threat the US has ever faced.