AMD's subsequent failure to get a similar license led to a dramatic shift in the market share of Huawei laptops powered by AMD chips, showcasing the direct impact of these regulatory decisions on competitive dynamics within the tech industry. Previously, U.S. chip companies, including Nvidia Corp NVDA and Intel, had urged the U.S. government to go softer on its China semiconductor policy, considering the importance of the market. Reports also indicated Intel as the leading contender to bag billions of dollars in U.S. government funding under the Chips Act.