Export controls need to be tightened after revelations the Chinese company used Nvidia technology, the leaders of a congressional committee said.

Nvidia said in a statement it is "ready to work with the administration as it pursues its own approach to AI."

Trump administration officials are exploring additional curbs on the sale of Nvidia Corp. chips to China, according to people familiar with the matter, who emphasized that conversations are in very early stages as the new team works through policy priorities.