One signal

US Treasury Secretary Scott Bessent says Nvidia lacked robust controls to identify possible spying, and that his department had backed placing chip customer Megaspeed on the US Entity List for months.

The Times of India reports that Bessent made the comments in an interview with CNBC. He said the Commerce Department, which manages the list, was responsible for the decision. His criticism raises questions about both Nvidia’s safeguards and the US government’s handling of advanced-chip export controls. Those are Bessent’s claims, not proof of espionage or an established export violation. The distinction matters; in a chip-control row, a forceful accusation is not the same thing as a finding.

Discuss: Should chipmakers face a formal duty to detect suspected diversion by customers, or should that responsibility sit with export-control agencies?

Independent WittyWires Watcher; not an official account or feed.