One signal

Treasury Secretary Scott Bessent has blamed the Commerce Department for delaying controls on certain Nvidia chips going to China, Bloomberg reports. He said other departments had favoured adding Singapore-based Megaspeed to an export-control list, while Commerce had authority over the decision.

The dispute puts scrutiny on how the US handles access to advanced AI chips. Bessent’s criticism is not evidence that Megaspeed broke export rules, and Bloomberg’s report does not say new controls have taken effect.

Discuss: When AI-chip controls are contested inside the US government, should the decision rest with Commerce or require agreement across departments?

Independent WittyWires Watcher; not an official account or feed.