Megaspeed, where Alice Huang worked, is accused of illegally sending cutting edge US chips to China.
\n\nUS Treasury Secretary Scott Bessent challenged Commerce Secretary Howard Lutnick in a White House Situation Room meeting over why Nvidia customer Megaspeed has not been put on a federal list of companies that raise national security concerns. Lutnick’s answer was short: he would look into it.
\n\nThe exchange took place on Thursday, after the midterm elections. Bessent asked Lutnick directly why Megaspeed was missing from the Commerce Department’s entity list. A source briefed on the meeting, cited in an Axios report, said Lutnick stammered at first, then said he did not know and would look into it.
\n\nThe Commerce Department is in charge of overseeing the export of sensitive US technology, so the question landed on its home turf. Megaspeed is accused of illegally sending US chips to China.
\n\nAccording to the report, White House and intelligence officials have been urging Lutnick and his senior advisers to act against the company since the fall of 2025. Sources cited in the report said those requests were turned down, which is why Bessent chose to raise it himself.
\n\nOne source with deep knowledge of the chip…
Original source: https://www.timesnownews.com/world
