Democrats open inquiry into Nvidia chip sales to China
Original title: Democrats launch Nvidia investigation, write scathing letter on Huang’s ‘scheme’ with Trump
Lawmakers ask Commerce to preserve records on H200 export licenses after Huang’s resignation and spy allegations.
Democratic leaders of the House Ways and Means and Senate Finance committees opened an inquiry into how the Trump administration handled Nvidia chip sales to China. Their letter to Commerce Secretary Howard Lutnick describes a deal in which H200 chips made in Taiwan were shipped to the United States, tariffed, then licensed for export, and questions continued sales to Megaspeed and other Asian buyers. Nvidia CEO Jensen Huang resigned after confessing to an affair and agreed to testify to Republican-led committees; the letter also cites a reported $26 million in Nvidia donations to Trump projects.
Unconfirmed: Spy, affair, and “unconstitutional export tax” claims come from the Democrats’ letter and reports, not adjudicated findings.
- Rep. Richard Neal and Sen. Ron Wyden cannot compel answers as the minority.
- AP previously reported Nvidia and AMD agreed to share 15% of China chip revenue.
- Huang agreed Thursday to a closed-door session after Republicans threatened a subpoena.
- The letter alleges Alice Huang, of Singapore-based Megaspeed, was suspected of routing chips to China.
- Products
- H200
- Countries
- ChinaUnited StatesTaiwanSingapore
From the original article
3 min read at techcrunch.com
This Congressional investigation into Nvidia's China sales and its dealings with Trump is the second one, so far, since news of the alleged spy affair broke.
By Julie Bort · techcrunch.com
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