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Lutnick's Chip Rule Push

Lutnick's Chip Rule Push

Bitdeer’s planned A201 data center in Malaysia is expected to provide Nvidia’s advanced AI computing power to Chinese customers, including Tencent, despite U.S. restrictions on direct chip sales to China. Cantor Fitzgerald, formerly led by Commerce Secretary Howard Lutnick and now run by his sons, has financial ties to Bitdeer and other data center companies that could be affected by export rules Lutnick is shaping; the article found no evidence those ties influenced his decisions. Lutnick’s department is pressing for narrower controls than some officials want, prompting concern that Chinese firms could continue accessing U.S. chips through overseas data centers.

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