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Semafor· Eleanor Mueller·Indexed by this site · Originally published

The Nvidia chip export controversy raises questions about whether U.S. Commerce Secretary Lutnick will stay in his post

Nvidia fallout fuels questions about Lutnick’s staying power

AI summary

The Nvidia chip export controversy has raised questions about the job security of U.S. Commerce Secretary Lutnick; a group of Republican lawmakers accused him of inadequate control over Megaspeed, an AI chip company, and believe the Commerce Department failed to more broadly restrict AI chip exports to China. Megaspeed is linked to a person accused of being a Chinese spy, who previously had an extramarital affair with former Nvidia CEO Jensen Huang, who has resigned; Moolenaar, the top Republican on the House Select Committee on China, said he heard that Trump had three times directed that Megaspeed be blacklisted, and that if true these questions need answers. Most Republican officials currently defend Lutnick, and the White House says Trump fully trusts him; Senate Majority Leader Thune said Lutnick will testify before the Senate Commerce Committee, and House Foreign Affairs Committee Chairman Mast said Jensen Huang will appear at his committee's hearing.

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