AIFortuneabout 1 hour ago
Bessent Says Nvidia Execs Would Be Removed
3 min read
Treasury Secretary Scott Bessent stated that if Nvidia were a bank, many executives would be removed due to compliance failures regarding chip exports to China. While Commerce Secretary Howard Lutnick faces blame for not blacklisting Megaspeed, Bessent emphasized Nvidia's internal culture. Nvidia CEO Jensen Huang stepped down on Thursday, with CFO Colette Kress named as interim CEO.
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