Bessent vs. Lutnick: Trump Officials Clash Over Nvidia China Chip Probe
AI summary
Two Trump administration officials, Bessent and Lutnick, are reportedly clashing over the Nvidia China chip probe involving Megaspeed, while America's chip blacklist has gone 13 months without adding a single new name. The dispute signals internal friction over how aggressively to restrict chip exports to China, a policy area that affects Nvidia's addressable market. Traders should watch for any blacklist additions or enforcement shifts that could hit semiconductor supply chains.
