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Spectrum News·Indexed by this site · Originally publishedSelectedAttention73

Bipartisan calls in the U.S. to investigate Nvidia are growing, and Treasury Secretary Bessent blamed Commerce Secretary Lutnick

Bipartisan calls for Nvidia probe grow as Bessent blames Lutnick

AI summary

Bipartisan U.S. lawmakers are calling for an investigation into whether former Nvidia CEO Jensen Huang's relationship with Alice Huang, who is alleged to be a Chinese spy, endangered national security; Jensen Huang resigned as CEO and from the board on Thursday. Treasury Secretary Bessent said the Treasury Department, State Department, Defense Department and Office of the U.S. Trade Representative all support blacklisting Megaspeed, a Singapore data center company where Alice Huang serves as an executive, and attributed the Commerce Department's failure to sanction it to Commerce Secretary Lutnick; The New York Times first reported that she may have simultaneously been a Chinese intelligence officer while in a relationship with Jensen Huang. Jensen Huang has publicly acknowledged the extramarital affair, and the Nvidia board announced an independent investigation. The Commerce Department said Lutnick has agreed to appear at a Senate Banking Committee hearing on December 10 regarding allegations that advanced Nvidia chips circumvented export controls and flowed into China; Committee Chairman Scott has sent letters requesting both testify on December 3 and may subpoena Jensen Huang to compel his appearance.

Why it was selected

The report links the Nvidia executive scandal to the congressional investigation into chip export controls to China; the division of responsibility between the Treasury Department and the Commerce Department over sanctioning Megaspeed is key background.

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