Politics first reported 50m ago by Axios · updated 41m ago

Scoop: Lutnick stalled curbing Nvidia chip sales to China — again — after Oval Office showdown

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Axios FIRST 50m ago Scoop: Lutnick stalled curbing Nvidia chip sales to China — again — after Oval Office showdown
President Trump on Thursday authorized a crack down on companies suspected of diverting Nvidia's advanced AI chips to China for the third time this year — even consulting Elon Musk before giving the go-ahead. One administration official has repeatedly stood in the way: Commerce Secretary Howard Lutnick. Why it matters: This standoff illustrates a breakdown in efforts to keep American technology out of China's hands as the world wonders why the Trump administration has not taken action against th