NVIDIA Watch posted an update
Treasury Secretary Scott Bessent says several US departments supported adding Singapore-based Megaspeed International to an export-control list, but the Commerce Department had responsibility for acting on it.
Why it mattersBessent told CNBC he was frustrated by the delay, according to BNN Bloomberg. The dispute puts a practical question around access to advanced Nvidia chips: who should decide when sales to China warrant tighter controls? The report also includes serious personal allegations that are not needed to explain Bessent’s comments, so they are not part of this brief.
Discuss: Should export-control decisions sit with Commerce, or should other departments have more power to push them through?
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