Bessent accuses Lutnick of failing to prevent China from obtaining Nvidia chips

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The fallout of Jensen Huang’s downfall expanded into a public fight between two of President Trump’s top advisers. Treasury Secretary Scott Bessent accused Commerce Secretary Howard Lutnick of failing to prevent China from obtaining Nvidia’s most advanced chips. Nick Schifrin looks at the finger-pointing and the ongoing efforts to control advanced technology exports to China.

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Today, the fallout of Nvidia CEO Jensen Huang's downfall expanded into a public fight between two of President Trump's top advisers.

The treasury secretary accused the commerce secretary of failing to prevent China from obtaining Nvidia's most advanced chips. Former Nvidia CEO Jensen Huang played an outsized role in President Trump's technology policy.

Nick Schifrin looks at today's finger-pointing and the ongoing efforts to control advanced technology exports to China.

Here it is, our brand-new GeForce RTX 50 Series Blackwell architecture.

They're the American chips powering the AI revolution. And, for years, Jensen Huang wanted them sold to China.

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