Chips and hardwareUpdated Yesterday

House Democrats press Lutnick over Nvidia chip approvals

Top Democrats on the House Foreign Affairs Committee are demanding answers from Lutnick about the administration’s chip approvals, including approvals for companies with concerning links to China, Axios reports. Reuters reported on May 14 that Commerce had cleared around 10 Chinese companies to buy Nvidia H200 chips; some export approvals predated the classified warning. Axios says it is unclear how those approvals translated into sales, and China’s government has halted some chip-buying activity despite US approvals. Lawmakers in both parties are also seeking more information, including closed-door testimony from Huang next week.

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