{"id":1049349,"date":"2026-11-14T09:40:56","date_gmt":"2026-11-14T04:10:56","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1049349"},"modified":"2026-11-14T10:15:52","modified_gmt":"2026-11-14T04:45:52","slug":"bessent-blames-lutnicks-commerce-department-for-delay-in-curbing-nvidia-chip-flow-to-china","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/11\/14\/bessent-blames-lutnicks-commerce-department-for-delay-in-curbing-nvidia-chip-flow-to-china\/","title":{"rendered":"Bessent blames Lutnick\u2019s Commerce Department for delay in curbing Nvidia chip flow to China"},"content":{"rendered":"<p>WASHINGTON: US Treasury Secretary Scott Bessent on Friday blamed the Commerce Department for delaying action to restrict the flow of advanced Nvidia chips to China through Singapore-based Megaspeed International, a company at the centre of a scandal involving the chipmaker&#8217;s former CEO Jensen Huang. <\/p>\n<p>Speaking on CNBC, Bessent said the Treasury, Defence and State departments, along with the US Trade Representative&#8217;s office, had supported adding Megaspeed to Washington&#8217;s export control list for months, but the Commerce Department was responsible for implementing the move.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>WASHINGTON: US Treasury Secretary Scott Bessent on Friday blamed the Commerce Department for delaying action to restrict the flow of advanced Nvidia chips to China through Singapore-based Megaspeed International, a company at the centre of a scandal involving the chipmaker&#8217;s former CEO Jensen Huang. Speaking on CNBC, Bessent said the Treasury, Defence and State departments, along with the US Trade Representative&#8217;s office, had supported adding Megaspeed to Washington&#8217;s export control list for months, but the Commerce Department was responsible for implementing the move.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[75,4,17],"tags":[],"class_list":["post-1049349","post","type-post","status-publish","format-standard","hentry","category-it-2-the-new-indian-express","category-newspapers","category-the-new-indian-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1049349","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1049349"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1049349\/revisions"}],"predecessor-version":[{"id":1049350,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1049349\/revisions\/1049350"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1049349"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1049349"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1049349"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}