2 publishers · first seen Wed, 11 Nov 2026 02:28 UTC · updated Wed, 11 Nov 2026 20:12 UTC
Treasury Secretary Scott Bessent confronted Commerce Secretary Howard Lutnick over the failure to place Megaspeed, an Nvidia customer accused of illegally diverting U.S. chips to China, on the Commerce Department's entity list of companies that pose national security concerns. Lutnick responded that he would look into it. The Commerce Department has been under scrutiny for not acting on Megaspeed, with sources saying Lutnick resisted acting on the company due to concerns about escalating the trade war with China.
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