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Reports allege Megaspeed routed nearly $12B of top Nvidia chips to Chinese firms; Bessent blames Commerce
Posts citing Wall Street Journal records say Megaspeed, linked to Alice Huang, arranged nearly $12 billion of top-end Nvidia chips to Chinese firms from March 2024 to June 2025. Bessent has reportedly blamed Commerce for not blacklisting Megaspeed. Reported allegations, not established findings.
TLDR
If confirmed, the allegations would raise possible export-control evasion questions tied to the Nvidia leadership scandal. Attribution rests on WSJ-cited X posts and a reported Bessent statement, so the claims stay unverified until primary reporting or official records are checked.
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