Pressure Mounts on Nvidia CEO Jensen Huang to Resign Over China Chip Ties
The Economist urged Huang's resignation, arguing his ties to Megaspeed—a Singapore firm accused of diverting Nvidia chips to China—make his position untenable. Reports connect Megaspeed executive Alice Huang to espionage concerns and a personal relationship with Jensen Huang. Commerce Secretary Howard Lutnick delayed blacklisting the firm despite President Trump's approvals and pressure from officials like Treasury Secretary Scott Bessent and lawmakers. Critics highlight Nvidia halting Singapore revenue disclosures and intervening in probes, raising national security questions as Congress demands accountability.
Jensen Huang must go
We argue in @TheEconomist that his position is untenable
"Like many powerful leaders, he came to believe that he was too important for the normal rules to apply to him."
But he is not the only one. Howard Lutnick has failed to stem the flow of chips to…
SCOOP: President Trump authorized a crackdown on companies suspected of diverting Nvidia's advanced AI chips to China on Thursday, but one administration official repeatedly stood in the way: Commerce Secretary Howard Lutnick.
🚨🇺🇸🇨🇳 Sec. Bessent reportedly CONFRONTED Sec. Lutnick inside the WH Situation Room over CHINA.
Bessent demanded to know why Megaspeed, a company accused of illegally diverting U.S. chips to China, had NOT been blacklisted.
Lutnick's response? “I don't know. I'll look into it.” 💀…