Lutnick under fire: How Trump’s commerce secretary cultivated Nvidia’s CEO while chip controls slipped
Detailed summary
US Commerce Secretary Howard Lutnick, left, and Nvidia CEO Jensen Huang, right speak in the Cross Hall of the White House before an event on "Investing in America" on April 30,…
The first call, as Jensen Huang remembers it, came from Howard Lutnick. It was around the start of Donald Trump’s second term, and Lutnick was preparing to become his Commerce Secretary. His message to the head of Nvidia was simple: whenever you need the president, call us. Recounting the call on Joe Rogan’s podcast last December, Huang remembered fondly that Lutnick had called him and his company “a national treasure.” Two years later, Huang has resigned from Nvidia and Lutnick is under intense scrutiny for what some Trump advisers see as inaction in placing limits on US chip exports to China and his role in cultivating Huang as a top administration ally.
Opening of the article, excerpted from CNN Business. To read the rest, open the article on the publisher's site.
MarketNews shows the headline and summary published by the outlet. The full article is on the publisher's website. (us.cnn.com)
