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Lutnick Under Pressure as Nvidia Crisis Unfolds
US Commerce Secretary Howard Lutnick is confronting accusations that his department didn’t do enough to keep Nvidia’s prized artificial intelligence chips out of China’s hands following Jensen Huang’s ouster as the company’s chief executive officer. Treasury Secretary Scott Bessent blamed Lutnick Friday for failing to blacklist a Singapore-based company, Megaspeed, over possible violations. Mike Shepard reports on Bloomberg Television. (Source: Bloomberg)
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