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Lutnick Eases on Nvidia

Lutnick Eases on Nvidia

Commerce Secretary Howard Lutnick has repeatedly delayed tighter controls on Nvidia chip sales to China and Southeast Asia, drawing criticism that his department gave the company unusually close access and failed to adequately police sales. Scrutiny intensified after revelations linking Nvidia chief Jensen Huang to a woman suspected by U.S. intelligence of being a Chinese spy and to Singapore-based Megaspeed, which is suspected of smuggling chips to China. The Commerce Department denied that Nvidia or President Trump’s relationship with Huang influenced its actions, saying it has pursued major smuggling investigations and is considering new restrictions.

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