News

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 ...

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 Howard Lutnick made remarks about export policy that Chinese officials ...

Lutnick says US will likely extend China tariffs another 90 days

China trade deadline by another 90 days, Commerce Secretary Howard Lutnick tells FOX Business, adding "everything's on the ...

Exclusive-Trump weighs using $2 billion in CHIPS Act funding for critical minerals, sources say

The Trump administration is considering a plan to reallocate at least $2 billion from the CHIPS Act to fund critical minerals ...

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 ...

TikTok will go dark in US if China doesn't agree to deal, Lutnick says

U.S. Commerce Secretary Howard Lutnick said on July 24 that if China does not accept a deal from the U.S. to sell the app, TikTok will go dark again.
Washington Examiner5mon

Lutnick says Trump has 'the cards' in tariff battle with China ...

HOWARD LUTNICK SAYS ELON MUSK COMMITTED TO CUT $1 TRILLION There were other tariffs against China already in place from Trump’s first term, which former President Joe Biden largely kept in place ...

Trump weighs using $2 billion in CHIPS Act funding for critical minerals, sources say

The Trump administration is considering a plan to reallocate at least $2 billion from the CHIPS Act to fund critical minerals ...
Independent.ie on MSN18h

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 ...