Nvidia
FILE - Nvidia founder and CEO Jensen Huang speaks about the NVIDIA Rubin AI super computing platform during a Nvidia news conference ahead of the CES tech show, Monday, Jan. 5, 2026, in Las Vegas.
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Treasury Secretary Scott Bessent says he was frustrated with the Commerce Department’s delay in placing restrictions on Nvidia chip exports to a company with alleged ties to China. Bessent said on CNBC Friday that his department, along with the departments of State and Defense and the U.S. Trade Representative, were in favor of adding Singapore-based Megaspeed International to an export control list for months but that the Commerce Department was in charge of the matter. Bessent’s comments were an unusually public rebuke of the Commerce Department, which oversees U.S. government controls over exports of sensitive, high-tech goods.
