China-specific AI chip after US Commerce Secretary Howard Lutnick made comments officials found "insulting." Chinese regulators are now trying to discourage domestic tech firms from buying the H20 ...

During a budget hearing held by the Senate Appropriations Committee several weeks ago, Commerce Secretary Howard Lutnick pretentiously talked down to Senator Gary Peters (D-MI) for asking questions.

Beijing’s move to restrict sales of Nvidia’s China-specific artificial intelligence processor was prompted by remarks from US ...

On July 31, the agency summoned Nvidia executives over alleged “serious security issues”. In a statement, the CAC claimed ...

US Treasury Secretary Scott Bessent said the US is content with its current tariff setup with China, signaling the Trump administration wants stability ahead of the November trade truce deadline. In a ...

Beijing tells tech giants to dump AI chip after US boasts spark fury The Middle Kingdom is quietly telling its top tech outfits to give up on buying the H20, a neutered AI chip from Nvidia, after a ...

"So, if we were to give too much certainty to the other countries, then they would play us in the negotiations," Scott Bessent said of ongoing trade talks.Andrew Harnik via Top Trump officials ...

The Trump administration is in talks to secure a 10% stake in Intel in exchange for converting government grants that were ...

Market talk may be of fiscal dominance in the U.S. debt market but Washington’s startling moves to take a direct stake in its leading chipmakers look like industrial policy on overdrive - alarming ...

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