Congress Summons Ex-Nvidia CEO Jensen Huang, Lutnick Over Chip Exports to China
Senate Banking Committee Chair Tim Scott asked Nvidia CEO Jensen Huang and Commerce Secretary Howard Lutnick to testify publicly about U.S. semiconductor export controls and national security concerns. Lutnick agreed voluntarily; Scott said subpoenas could follow if Huang declines. House committee chairs separately requested interviews with Huang and Nvidia’s general counsel, and called for chip-security bills to be included in defense legislation. The inquiry centers on Singapore-based Nvidia customer Megaspeed, suspected by U.S. officials of helping Chinese firms evade restrictions; Nvidia says it complies with export laws. The Justice Department has not determined whether a former Megaspeed executive was a Chinese intelligence asset. Nvidia shares fell 4.3% Thursday amid the reports.
