Nvidia scandal: Scott Bessent blames Commerce over Megaspeed blacklist failure

Nvidia scandal: Scott Bessent blames Commerce over Megaspeed blacklist failure

AFP13 Nov, 2026 09:02 PM4 mins to readTreasury Secretary Scott Bessent has publicly blamed the Commerce Department, headed by Howard Lutnick, for failing to blacklist a Singapore company suspected of funnelling powerful AI chips to China. Photos / Anna Moneymaker, Getty Images via AFPThe political fallout from the Nvidia spy scandal has spread to President Donald Trump’s Cabinet, as Treasury Secretary Scott Bessent publicly blamed the Commerce Department for failing to blacklist a Singapore company suspected of funnelling powerful AI chips to China. Bessent’s comments, a rare rebuke of one Cabinet department by

Original Source

Read the full article at Nzherald →

KhanList aggregates and links to publicly available news content. We do not host full articles from third-party sources. Always verify important information with original sources.