Howard Lutnick Took Softer Line on Nvidia as Calls for Tougher Controls Grew
A New York Times investigation reports that Commerce Secretary Howard Lutnick, who once promised tough oversight of technology sales to China, has repeatedly delayed restrictions on Nvidia's chip exports amid clashes with officials like Scott Bessent, who confronted him over the suspected smuggling firm Megaspeed. The article also reports Nvidia counsel Tim Teter shaped draft regulations, a smuggling inquiry was shut down, and Jensen Huang was in a relationship with a woman U.S. intelligence believes is a Chinese spy.
