US Treasury secretary blames the Department of Commerce for leak of Nvidia chips to China
A Le Monde article with AFP reports that US Treasury Secretary Scott Bessent blamed the Department of Commerce, led by Howard Lutnick, for failing to blacklist Singapore's Megaspeed, the company suspected of routing $4 billion in Nvidia chips to China, a scandal that led to Jensen Huang's November 12 resignation as Nvidia CEO. Le Monde calls the remarks a rare public rebuke of one cabinet department by another, amid a congressional briefing request and an Nvidia board investigation.
