Nvidia Export Licenses Must Be Paused, Senators Tell Lutnick

Republican Sen. Jim Banks and Democratic Sen. Elizabeth Warren write to Commerce Secretary Howard Lutnick urging him to immediately pause and review all active export licenses for advanced Nvidia AI chips and server systems bound for China and Southeast Asian countries.

• Letter to Lutnick is dated yesterday and was provided in an emailed statement
• The senators voice concern that the Commerce Department’s Bureau of Industry and Security “can no longer base licensing decisions on assurances from executives who have a financial stake in the outcome”
  • The senators cite the recent indictment involving Super Micro Computer
• The senators say they’re also ...