Trump Backs Lutnick Despite Uproar Over Nvidia Chip Controls
President Donald Trump has reaffirmed his support for Commerce Secretary Howard Lutnick following reports of insufficient oversight regarding the transfer of Nvidia chips to China. This backing maintains the current leadership at the Commerce Department as the administration faces scrutiny over its efforts to enforce export controls on sensitive artificial intelligence technology. The controversy centers on whether existing regulations are effectively preventing advanced hardware from reaching foreign entities restricted by federal trade policies.
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- BBloomberg Technology↗17h ago