Trump Backs Howard Lutnick Over Nvidia Scandal

“President Donald Trump gave a vote of confidence to Commerce Secretary Howard Lutnick, despite reports about his department’s lax efforts to prevent China from obtaining Nvidia Corp.’s advanced artificial intelligence chips,” Bloomberg reports.

“The White House backed Lutnick on Thursday soon after Jensen Huang was ousted as Nvidia’s chief executive officer following revelations he had an extramarital affair with a suspected Chinese spy. The incident intensified scrutiny of his close relationship with Trump and dealings with the administration.”