Bessent to Commerce Dept.: Enforce export controls on Nvidia chips

Treasury Scott Bessent says "any leakage" of advanced computer chips to China is frustrating, and he hopes the Commerce Department will stop it.

Bessent to Commerce Dept.: Enforce export controls on Nvidia chips

TL;DR

  • Treasury official Scott Bessent is frustrated by advanced computer chips reaching China.
  • He hopes the Commerce Department will stop the "leakage" of these chips.
  • The issue concerns the export controls on advanced computer chips.