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NVIDIA, Howard Lutnick and China

China reportedly discouraged purchase of NVIDIA AI chips due to 'insulting' Lutnick statements

Chinese regulators reportedly dissuaded local companies from purchasing NVIDIA's H20 chips, because they found certain statements by US commerce secretary Howard Lutnick "insulting."

New York Post on MSN · 3h

Howard Lutnick’s ‘insulting’ remarks about Nvidia’s H20 chips irk China: report

Chinese officials are peeved over Commerce Secretary Howard Lutnick’s “insulting” remarks about Nvidia’s H20 computer chip — and are now pressuring domestic firms not

Financial Times · 18h

Beijing turns against Nvidia’s AI chip after ‘insulting’ Lutnick remarks

On July 31, the agency summoned Nvidia executives over alleged “serious security issues”. In a statement, the CAC claimed that US AI experts had revealed Nvidia’s chips have location tracking and can be shut down remotely — a claim strongly disputed by Nvidia.

CHIPS, Intel and Howard Lutnick

Reuters on MSN · 1d

Trump eyes US government stakes in other chip makers that received CHIPS Act funds, sources say

U.S. Commerce Secretary Howard Lutnick is looking into the federal government taking equity stakes in computer chip manufacturers that receive CHIPS Act funding to build factories in the country, two sources said.

New York Post on MSN · 1d

Commerce Secretary Lutnick says Intel needs to give government stake for CHIPS funding

Commerce Secretary Howard Lutnick on Tuesday confirmed that the government wants Intel to cough up a 10% equity stake in exchange for nearly $8 billion in CHIPS Act funding approved by the Biden administration.

Yahoo Finance · 2d

Lutnick says U.S. wants Intel stake for chip grant funding

The move by the U.S. could open the door for similar deals with other chipmakers that received grants under the Chips Act

13hon MSN

Howard Lutnick's 'Insulting' Words Trigger Backlash In Beijing As Regulators Pressure Alibaba, ByteDance To Shun Nvidia Chips: Report

Beijing has reportedly moved to curb sales of Nvidia Corporation's NVDA China-specific AI chip after U.S. Commerce Secretary ...

1don MSN

Chip Stocks Fall As White House Reportedly Seeks Equity For CHIPS Grants

Commerce Secretary Howard Lutnick told CNBC the U.S. government wants a stake in Intel in exchange for CHIPS Act grant money ...

Howard Lutnick Calls CHIPS Act a ‘Giveaway to Rich Companies’ Like Intel

Lutnick just laughed it off, indignantly pointing out that “we were just giving away the money” under the previous terms of ...

1mon

Commerce Secretary Lutnick says next two weeks will be "for the record books" as Trump presses for tariff deals

Commerce Secretary Howard Lutnick expressed confidence Sunday that the Trump administration will cut trade deals with key U.S. trading partners in the coming weeks — before steep tariffs kick in for ...

4hon MSN

'Tariffs should be one of America's favorite words': US Commerce Secy on $20T EU market opening

"The EU has agreed to open its $20 Trillion market. The second largest in the world behind the great USA," Howard Lutnick ...

Slingshot News on MSN1d

'No One's Explained It To You': Trump Sec. Howard Lutnick Talks Down To Senator, Tries To Educate Him For Asking The 'Wrong' Questions In Hearing

During a budget hearing held by the Senate Appropriations Committee several weeks ago, Commerce Secretary Howard Lutnick ...

Independent.ie on MSN14h

It’s not just Intel – Trump White House wants ‘piece of the action’ from all grant-aided chipmakers, says Howard Lutnick

US commerce secretary Howard Lutnick is looking into the White House taking equity stakes in Intel and other chipmakers in exchange for grants under the Chips Act, which aims to spur factory-building ...

Mediaite1d

Conservative Radio Host Slams Trump Admin For Wanting to Takeover Private Company

Veteran conservative radio host Erick Erickson pulled no punches on Wednesday in hammering the Trump administration, particularly Commerce Secretary Howard Lutnick, for suggesting the government ...

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