Policy
U.S. Treasury Secretary questions whether Nvidia knowingly sold AI GPUs to shell companies, says company itself is responsible
Tom's Hardware · By Anton Shilov ·
The Brief
- U.S. Treasury Secretary Scott Bessent questioned whether Nvidia knowingly sold AI GPUs to shell companies.
- Bessent admitted U.S. export controls cannot prevent all restricted hardware from reaching China or other adversaries.
- Reports allege the country obtained millions of restricted AI GPUs from Nvidia, and Bessent says the company itself is responsible.
Why it matters
If export enforcement focuses on chip sellers, GPU vendors and distributors may face stricter scrutiny of who their customers are, including whether buyers are shell companies.
Who’s affected
- Companies in the AI GPU supply chain
- Nvidia customers and distributors
- #export-controls
- #nvidia
- #gpus
- #china
- #shell-companies
Scott Bessent, U.S. Treasury Secretary, admitted that the U.S. export controls cannot prevent all the restricted hardware from reaching China or other adversaries, which is why the country allegedly obtained millions of restricted AI GPUs from Nvidia . At the same time, he…