Bessent Says Advanced Chip Leaks Frustrate Him Amid Megaspeed Dispute
Key Highlights: Stephen Bessent reportedly challenged Commerce Secretary Howard Lutnick over why Megaspeed had not been added to the Entity List. Megaspeed, founded as Chinese video game company 7Road International, has reportedly purchased more than $4 billion in Nvidia high-end processors. The Commerce Department denies that Bessent and Lutnick had the reported confrontation, while scrutiny ...