A post by @DeItaone on X.
BESSENT CONFRONTS LUTNICK OVER NVIDIA CHINA CHIP SCANDAL
@DeItaone on X
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The dispute centers on Commerce's delay in adding Megaspeed to the entity list, a move that would restrict its access to American semiconductor technology. The standoff matters because Nvidia's China exposure is already a flashpoint for investors, and export-control enforcement directly affects how much of the AI chip market US firms can serve. Watch for whether Commerce formally blacklists Megaspeed and whether the rift between Bessent and Lutnick signals broader friction over chip-export policy.
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Named in this story
Scott Bessent, Howard Lutnick, Nvidia (NVDA), Megaspeed, US Commerce Department
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