Commerce Secretary Howard Lutnick is facing mounting scrutiny and talk of an ouster over his alleged failure to properly restrict shipments of advanced AI chips to communist China as President Donald Trump had ordered.
According to an Axios report published on Wednesday, Trump approved crackdowns against potential diversions of Nvidia chips to China on at least three occasions — in May, in August, and on Nov. 5.
‘Recent developments underscore the significant national security and economic interests at stake.’
The action approval in May allegedly came after Trump and White House officials received a report detailing suspected Chinese spy Alice Huang‘s relationship with Jensen Huang, the married tech magnate who resigned as Nvidia CEO on Thursday.
One high-level source told Axios that in a subsequent meeting, Treasury Secretary Scott
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