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Bessent blames Lutnick's Commerce Department for failing to block Megaspeed
US Treasury Secretary Scott Bessent has blamed the Commerce Department, run by Howard Lutnick, of failing to properly oversee the export of high-specification Nvidia chips, as the fallout from the scandal widens.
AI Summary
US Treasury Secretary Scott Bessent accused the Commerce Department, led by Howard Lutnick, of failing to properly supervise the export of high‑specification Nvidia chips. The criticism comes as the scandal’s fallout expands. Jensen Huang departed the company he co‑founded after disclosures that he had an affair with a former Megaspeed executive. The firm had been purchasing advanced chips from Nvidia.
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