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Nvidia Scandal

All articles tagged with #nvidia scandal

politics46 minutes ago

Bessent Blames Lutnick for Chip Leak as Trump Weighs Commerce Secretary's Fate

Treasury Secretary Scott Bessent publicly accused Commerce Secretary Howard Lutnick of failing to blacklist Megaspeed, a Singaporean firm linked to Nvidia, despite warnings from other agencies. This dispute emerged after Nvidia CEO Jensen Huang resigned amid an affair with a Megaspeed executive suspected of Chinese intelligence ties. While the White House initially defended Lutnick, some Trump advisers are now discussing his potential dismissal, and Lutnick has agreed to testify before Congress in December.

via NBC News|

#howard-lutnick #megaspeed #national-security

politics1 day ago•2 min saved

Bipartisan Push for Lutnick Testimony Intensifies After White House Weighs His Removal

Commerce Secretary Howard Lutnick faces escalating pressure to testify before Congress over his role in allowing Nvidia AI chip sales to China. Following the resignation of Nvidia CEO Jensen Huang amid scandal, bipartisan lawmakers are demanding answers regarding Lutnick’s alleged resistance to tightening export controls on Megaspeed, a firm linked to a suspected Chinese spy. While the White House maintains confidence in Lutnick, senior officials are reportedly discussing his potential removal as criticism mounts from both Republican and Democratic senators.

via Yahoo|

#chip-export-controls #howard-lutnick #jensen-huang