Lutnick should have prevented the diversion of sensitive Nvidia AI chips to China, critics charge
A CBS News article reports critics' charges that Commerce Secretary Howard Lutnick — whose former firm Cantor Fitzgerald held about $1.2 billion in Nvidia stock and who developed a warm relationship with CEO Jensen Huang — should have prevented sensitive Nvidia AI chips from being diverted to China. It details the Commerce Department's uncompleted probe of Nvidia customer Megaspeed International, suspected of illegally shipping chips to Chinese entities and run by Alice Huang, whom the U.S. government believes is a Chinese spy, and Sen. Elizabeth Warren's demands that Lutnick and deputy Jeffrey Kessler close export control loopholes.
