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US Senate passes GAIN Act, prioritizing domestic AI and HPC chip sales

Cointelegraph•Saturday, October 11, 2025 at 5:38:47 PM
PositiveCryptocurrency
US Senate passes GAIN Act, prioritizing domestic AI and HPC chip sales
The US Senate has successfully passed the GAIN Act, which focuses on boosting domestic sales of AI and high-performance computing chips. This legislation is significant as it aims to strengthen the country's technological capabilities and reduce reliance on foreign suppliers. By prioritizing local production, the GAIN Act could enhance economic growth and innovation in the tech sector, while also addressing potential challenges faced by industries like crypto mining. This move reflects a growing recognition of the importance of securing advanced technology for national defense and economic stability.
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