Nvidia CEO Jensen Huang met with US Commerce Secretary Howard Lutnick this week amid intensifying scrutiny over AI chip exports to China. The discussions follow DOJ indictments alleging that approximately $510 million worth of Nvidia servers were smuggled to China through Super Micro. Senators Elizabeth Warren and Jim Banks have urged a review of Nvidia’s export licenses. Nvidia’s market cap recently reached $4 trillion, highlighting the company’s strategic role in US-China technology competition. Investors are now watching whether the Commerce Department will initiate a formal review of Nvidia’s export licenses.
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