A post by @DeItaone on X.
AXIOS: LUTNICK BLOCKED TRUMP'S NVIDIA–CHINA CHIP CRACKDOWN
@DeItaone on X
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Commerce Secretary Howard Lutnick repeatedly delayed restrictions on Nvidia’s chip exports to China despite President Trump approving the action three times, according to Axios. The reported pushback surfaced at an Oval Office meeting where Trump consulted Elon Musk, with Lutnick stalling the crackdown each time. The standoff matters because Nvidia ($NVDA) depends heavily on China for chip sales, and export limits could reshape its revenue outlook and the broader semiconductor supply chain. Watch for whether the administration finalizes the restrictions, how Nvidia’s China exposure is affected, and whether Lutnick’s influence over trade policy persists.
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Named in this story
Nvidia (NVDA), Howard Lutnick, Donald Trump, China, Elon Musk
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