Chips and hardwareUpdated Yesterday

Axios reports Trump authorized a renewed chip-diversion crackdown

Axios later reported, citing people briefed on or present for discussions, that President Donald Trump authorized a renewed crackdown on companies suspected of diverting advanced Nvidia AI chips to China. The report placed Megaspeed at the center of the dispute and said Commerce Secretary Howard Lutnick proposed returning with options. As of Nov. 12, an unnamed source cited by Axios said the action had not yet occurred; the report did not establish that any action under the authorization had been implemented.

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