Bessent accuses Lutnick of failing to prevent China from obtaining Nvidia chips
A PBS News Hour report covers Treasury Secretary Scott Bessent accusing Commerce Secretary Howard Lutnick of failing to stop China from obtaining Nvidia's most advanced chips, blaming both the Commerce Department and Nvidia amid the fallout of CEO Jensen Huang's downfall. The report traces export controls back to the first Trump administration and cites Chris McGuire's view that poor implementation has cost the United States years of advantage in AI.
