Scott Bessent blames the Commerce Department for not cracking down on Megaspeed
Business Insider reports that Treasury Secretary Scott Bessent said cracking down on Megaspeed, a Singapore-based Nvidia partner under scrutiny over whether its data centers helped Chinese customers access restricted Nvidia chips, is Commerce's job, telling reporters to ask Howard Lutnick why the trade blacklist has not been used. The piece comes after Nvidia announced on 12 November 2026 that Jensen Huang had resigned, following reports that officials suspected Megaspeed executive Alice Huang, with whom he had an affair, was a Chinese intelligence asset, which China denies.
