China spy row in Cabinet

Treasury Secretary Scott Bessent reportedly confronted Commerce Secretary Howard Lutnick in a White House Situation Room meeting over delays in placing Singapore-based Megaspeed International on the Commerce Department’s Entity List, amid concerns it was diverting Nvidia AI chips to China. The dispute followed reports that Lutnick had received an intelligence memo about Nvidia CEO Jensen Huang’s relationship with a suspected Chinese spy who is a Megaspeed executive; President Donald Trump reportedly renewed his order to act, while Lutnick said he would develop options. The Commerce Department said Lutnick would answer questions at a Senate hearing scheduled for Dec. 10, and Nvidia reportedly opened an investigation into the affair.

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