Jensen Huang's Nvidia scandal puts US Commerce Secretary Howard Lutnick under pressure
After Jensen Huang resigned as Nvidia CEO on November 12 over a romance with an alleged Chinese spy, attention shifts to US Commerce Secretary Howard Lutnick. Treasury Secretary Scott Bessent said on CNBC that his department, the Pentagon, the State Department and the USTR had for months favored adding Megaspeed to a trade blacklist, and that "Commerce is the one that signs." Bloomberg reported that servers with H800 chips, valued at about 73 million dollars, reached a Chinese subsidiary.
In 45 seconds
- Jensen Huang resigned as Nvidia CEO on November 12 after the scandal over his romance with an alleged Chinese spy.
- Bessent said several agencies backed adding Megaspeed to a trade blacklist and that the Commerce Department is the one that signs.
- Bloomberg reported that servers with Nvidia H800 chips, worth about 73 million dollars, ended up at a subsidiary of Shanghai Longteng Intelligent Computing.
IASummary generated by artificial intelligence from a story by France 24. It may contain errors: the original source prevails.



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