Jensen Huang has pushed for access to the Chinese market for quite some time.
\n\nUS Commerce Secretary Howard Lutnick is said to have delayed a crackdown on Nvidia chip diversions to China for yet another time, even after US President Donald Trump gave the order in the Oval Office. It was the third time this year that Trump reportedly approved action against companies suspected of sending advanced AI chips to China, and Lutnick is the one official who keeps getting in the way.
\n\nThe events took place on Thursday, last week, while the spy scandal surrounding Nvidia was shaking the administration. According to a report from Axios, Lutnick met in the Situation Room with Treasury Secretary Scott Bessent, Defense Secretary Pete Hegseth, US Trade Representative Jamieson Greer, and Marco Rubio, who is both national security adviser and secretary of state.
\n\nThe report is based on interviews with six senior sources who were briefed on the discussions or, in some cases, heard them directly. Bessent pressed Lutnick on why his department had held back on export controls, especially for Megaspeed, the company at the center of the scandal. The rest of the group backed Bessent.
\n\nLutnick seemed to go along with…
Original source: https://www.timesnownews.com/latest-news
