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Bessent blames Lutnick’s Commerce Department for not restricting Nvidia chips to China

Why it’s here: Directly concerns federal export controls on Nvidia AI chips to China, interagency conflict between Treasury and Commerce, and Megaspeed's proposed addition to an export control list, all squarely in AI and defense-adjacent policy.

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Item

  1. 2d agoNew York Daily News · research by SemaforBessent blames Lutnick’s Commerce Department for not restricting Nvidia chips to ChinaBessent publicly faulted Commerce Secretary Lutnick's department for stalling the entity listing of Singapore-based Megaspeed, which is accused of diverting US chips to China.
    22 articles · 14 outlets · Axios, New York Post, The Hill, Le Monde, Chron, MS NOW, Business Insider, Los Angeles Times, Fortune, Rolling Stone
    1. 2d agoNew York Daily NewsPickupBessent blames Lutnick’s Commerce Department for not restricting Nvidia chips to China
    2. 2d agoYahooPickupBessent says Treasury favored limits on Megaspeed
    3. 2d agoAxiosEarliestBessent puts Megaspeed heat on Lutnick: "Commerce has the pen"
    4. 2d agoNew York PostPickupTreasury Secretary Scott Bessent points finger at Howard Lutnick, Commerce Department over Nvidia chip scandal
    5. 2d agoYahooPickupUS Treasury chief blames Commerce Dept for failure in Nvidia scandal
    6. 2d agoYahooPickupPressure grows on Trump's Commerce Secretary Lutnick in fallout from Nvidia scandal
    7. 2d agoYahooPickupBessent faults Lutnick for not cracking down on firm at center of Nvidia scandal
    8. 2d agoThe HillPickupBessent: Treasury pushed to blacklist Megaspeed, but 'Commerce has the pen'
    9. 2d agoLe MondePickupUS Treasury secretary blames the Department of Commerce for leak of Nvidia chips to China
    10. 2d agoYahooPickupBessent blames Commerce's Lutnick for not restricting Nvidia chip exports to China
    11. 2d agoChronPickupBessent blames Lutnick's Commerce Department for not restricting Nvidia chip exports
    12. 2d agoMS NOWPickupBessent points finger at Lutnick as scrutiny over Nvidia chip sales to China intensifies
    13. 2d agoBusiness InsiderPickupScott Bessent blames the Commerce Department for not cracking down on Megaspeed
    14. 2d agoYahooPickupPolitical fallout widens in Nvidia spy scandal
    15. 2d agoLos Angeles TimesPickupLutnick under fire as Bessent blames Commerce Dept. in Nvidia crisis
    16. 2d agoYahooPickupBessent Calls Out Commerce Over Megaspeed Scandal as Nvidia Faces Congressional Scrutiny
    17. 2d agoFortunePickupScott Bessent says Treasury wanted to blacklist Megaspeed ‘for months,’ blaming Howard Lutnick as Nvidia fallout widens: ‘Commerce has the pen’
    18. 2d agoSemaforHow Nvidia’s Jensen Huang – and Trump – jumped the guardrails
    19. YesterdayRolling StonePickupTrump’s Cabinet Is in Disarray Over Nvidia’s Honeypot Disaster
    20. YesterdaySemaforBessent knocks Lutnick on Megaspeed
    21. YesterdayFortunePickupSuper Micro, run by Jensen Huang’s friend, says Megaspeed was ‘never’ its customer
    22. 17h agoarchive.phPickupScott Bessent says Treasury wanted to blacklist Megaspeed 'for months,' pointing a finger at Lutnick | Fortune
    AICongress presses Nvidia and Commerce over Megaspeed chips and China ties850 linked

Coverage

14 outlets · first seen 2d ago

Connected

35 links

About

  • China
  • Department of Defense
  • NVIDIA
  • Jensen Huang
  • Alice Huang
  • Megaspeed
  • Howard Lutnick
  • U.S. Department of State
  • U.S. Trade Representative
  • commerce department
  • Scott Bessent
  • H100

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Bessent blames Lutnick’s Commerce Department for not restricting Nvidia chips to China — The Wave