📰 Newspapers

US Treasury chief wants answers soon from Nvidia

US Treasury chief wants answers soon from Nvidia

The United States forbids sales to China of the most-cutting edge AI chips, hoping to stay ahead of the Chinese in the race to dominate artificial intelligence.

US Treasury Secretary Scott Bessent called on Nvidia Sunday to explain whether it knowingly allowed its most advanced AI chips to reach China, saying this was more important than ex-CEO Jensen Huang's affair with an alleged spy for Beijing.

Speaking on "Fox News Sunday Morning Futures" three days after Huang resigned, Bessent said he wants to know if Nvidia used shell companies to dodge US restrictions and sell its most powerful chips to China.

The United States forbids sales to China of the most-cutting edge AI chips, hoping to stay ahead of the Chinese in the race to dominate artificial intelligence.

In late 2025, President Donald Trump did authorize sales of Nvidia chips called H200s to the Chinese -- but not the most advanced chips used to run AI models reshaping modern society.

"Nothing above the H200s can be sold to the Chinese," Bessent said.

"What's more important here," he said, "is to examine whether Nvidia had a culture of compliance around the US export restrictions."

He alluded to companies linked to Megaspeed, the Singapore-based data center company that Huang's alleged lover Alice Huang once worked for.

In brief

The United States forbids sales to China of the most-cutting edge AI chips, hoping to stay ahead of the Chinese in the race to dominate artificial intelligence. In late 2025, President Donald Trump did authorize sales of Nvidia chips called H200s to the Chinese -- but not the most advanced chips used to run AI models reshaping modern society.

This is the opening of the story, shared with credit to Citizen Digital. The rest of the report — with every detail — continues on the publisher’s website.

Continue reading at Citizen Digital ↗

Cookie settings

Choose which cookies we may use. You can change this at any time from Cookie settings in the footer. Details of each cookie are in the Cookie Policy.

Strictly necessary

Needed for sign-in, security, payments and remembering these choices. Always on.

Preferences

Remember settings such as dark mode.

Analytics & performance

Help us count visits, understand which pages, devices and countries our readers use, and measure how well the site performs – anonymous and aggregated.

Advertising & marketing

Lets advertising partners show and personalise adverts, measure impressions, clicks and visits, prevent ad fraud and pay us – this is how the free site is funded.

🔔 News notifications

Get headlines from NewsHub on this device — even when the site is closed.

You can switch this off at any time. Works on Android, Windows, Mac and Linux browsers; on iPhone/iPad add the site to your Home Screen first.