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Trump’s cabinet secretaries clash over Nvidia spy scandal company

The Australian Financial Review (AFR) •
November 11, 2026 • 09:38 PM
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Treasury Secretary Scott Bessent confronted Commerce Secretary Howard Lutnick about why the administration had not put restrictions on chip sales to Megaspeed.

Trump’s cabinet secretaries clash over Nvidia spy scandal company

Washington | Treasury Secretary Scott Bessent has confronted Commerce Secretary Howard Lutnick over his handling of a Singaporean company at the heart of revelations about Chinese spying on Nvidia, demanding to know why the United States had not already banned sales of advanced artificial intelligence chips to the firm.

The exchange, which took place at the White House last week and was described by people briefed on it, highlighted growing tensions inside the Trump administration over AI policy in general and the Commerce Department’s posture towards Nvidia in particular.

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Same Story from Other Publications

Compare how 6 other independent news outlets reported on this story.

6 Publications
CNN International
12h ago
Bessent points finger at Commerce Department in Nvidia scandal as Trump advisers discuss possible Lutnick ouster | CNN Politics

Bessent points finger at Commerce Department in Nvidia scandal as Trump advisers discuss possible Lutnick ouster | CNN Politics

Treasury Secretary Scott Bessent on Friday accused the Commerce Department of a delay in labeling Nvidia customer Megaspeed a possible national security threat, publicly airing an ongoing administration blame game following the ouster of Nvidia CEO Jensen Huang.

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CNBC World
2h ago
Trump doesn’t plan to raise Nvidia, spy issue during China trip: U.S. officials

Trump doesn’t plan to raise Nvidia, spy issue during China trip: U.S. officials

Nvidia CEO Jensen Huang resigned this week after reports of multiple affairs, including one with a suspected Chinese spy, Alice Huang.

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The Guardian
14h ago
Why the Nvidia cheating scandal is bad for Trump | Politics Weekly America

Why the Nvidia cheating scandal is bad for Trump | Politics Weekly America

Jonathan Freedland speaks to Susan Glasser of the New Yorker about why Trump’s judgment of high-profile men is questionable

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The Next Web (TNW)
10h ago
Bessent says anyone at Nvidia should answer for chips reaching China

Bessent says anyone at Nvidia should answer for chips reaching China

“Did Nvidia know their client?” Bessent asks, saying anyone at the company should be held accountable for chips leaking to China.

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BBC News
11h ago
Bessent blames Lutnick's department for not banning Nvidia chip sales to China-linked firm

Bessent blames Lutnick's department for not banning Nvidia chip sales to China-linked firm

Scott Bessent told CNBC that several government agencies "were in favour of putting Megaspeed on the entity list for months".

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Al Jazeera English
13h ago
Nvidia scandal: What’s next for the US tech company?

Nvidia scandal: What’s next for the US tech company?

What happens next at one of the world's most valuable companies will have repercussions far beyond Silicon Valley.

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