Treasury Secretary Bessent Gives Nvidia's Board 10 Days to Explain Export-Control Failures
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10 Articles
U.S. Treasury Secretary Scott Besant has asked Nvidia to provide answers within 10 days about how the company controlled exports of artificial intelligence chips to China. He said the explanations should come from the company’s board of directors and outside legal counsel. “I think we should have answers from the board and outside counsel in the next 10 days,” Besant said in an interview with Fox News. He said Nvidia should investigate whether i…
US Treasury Secretary Scott Bessant today asked Nvidia to explain whether it knowingly ignored the illegal trafficking of its artificial intelligence microchips to China. The secretary dismissed the relationship between Nvidia's former CEO and a Chinese woman suspected of espionage as secondary. "What's more important is whether Nvidia had a culture of compliance in enforcing US export restrictions," the Treasury secretary told Fox News, three d…
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US Treasury Secretary Scott Bessent on Sunday called on Nvidia to explain whether it knowingly allowed its cutting-edge artificial intelligence (AI) chips to enter China, saying it was more important than former CEO Jensen Huang's affair with a suspected Chinese spy.
US Treasury Secretary Scott Besant demanded explanations from Nvidia on Sunday (11/15) about whether it knowingly ignored the illegal trafficking of its Artificial Intelligence microchips to China. More...
US finance minister Scott Bessent has demanded clarification from the company with regard to the illegal export of high-performance chips from the US company Nvidia to China – the affair of Nvidia chief Jensen Huang with a suspected Chinese spy was considered by him as a sideline. It is more important to check whether Nvidia had a culture of compliance with US export restrictions [...]
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