Howard Lutnick Faces Bipartisan Backlash Over Nvidia Chip Exports to China
Key Highlights: Megaspeed has purchased more than $4.8 billion in Nvidia AI chips since June 2024 and is under investigation over alleged diversion of those chips to China. Commerce Secretary Howard Lutnick faces bipartisan criticism over claims that he resisted placing Megaspeed and other Chinese companies on the Entity List. Congress is seeking investigations and ...