Senate Banking Panel Requests Testimony From Howard Lutnick and Jensen Huang Over Nvidia China Sales

The U.S. Senate Banking Committee requested testimony from Commerce Secretary Howard Lutnick and former Nvidia CEO Jensen Huang regarding national security concerns about AI chip exports. Committee Chair Tim Scott asked Jensen Huang to appear voluntarily on Dec. 3 to explain the flow of sensitive technology to China. Allegations suggest Lutnick used "loopholes" to allow sales to firms like Singapore-based Megaspeed, which bought $4.8B of Nvidia chips for Chinese interests.