Nvidia scandal splits Trump administration as Lutnick faces Senate grilling

ansa.it (Italian) —

The Nvidia scandal is shaking the Trump administration, with Commerce Secretary Howard Lutnick facing intense criticism. Treasury Secretary Scott Bessent has publicly clashed with Lutnick over the failure to blacklist Megaspeed, a company linked to suspected Chinese spy Alice Huang. Bessent stated he and other departments had long requested restrictions, expressing frustration that China received Nvidia chips above the H100 category. Lutnick has been summoned to testify before the Senate Banking Committee on December 10, while Axios reports he repeatedly obstructed actions against suspected companies. US intelligence has not yet proven Huang acted as a spy for Beijing, according to Attorney General Todd Blanche. Nvidia's stock fell up to 4% amid leadership uncertainty following CEO Jensen Huang's resignation, which Trump called "really sad."


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