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Bessent blames Lutnick's department for not banning Nvidia chip sales to China-linked firm

Scott Bessent told CNBC that several government agencies "were in favour of putting Megaspeed on the entity list for months".

By BBC News

Excerpt shared by Lazyfounder

·Excerpt
Bessent blames Lutnick's department for not banning Nvidia chip sales to China-linked firm
Image: Figure caption, How could the Nvidia CEO’s affair threaten US national security?

US Treasury Secretary Scott Bessent has blamed Howard Lutnick's Commerce Department for failing to properly oversee the export of high-spec AI chips, as the fallout from the Nvidia scandal widens to President Donald Trump's cabinet.

Pressure is building on Lutnick from across the political spectrum to explain his department's actions.

Jensen Huang was ousted as Nvidia CEO after revelations he…

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