Treasury Secretary Bessent gives Nvidia’s board 10 days to explain export-control failures

Scott Bessent wants answers on alleged chip diversion to China through Singapore-based Megaspeed, and he is not hiding his frustration with Commerce US Treasury Secretary Scott Bessent has put Nvidia ’s board on a clock. He wants answers within 10 days about export-control failures and the national security risks tied to them. The demand, made on November 15, 2026, centers on allegations that advanced Nvidia AI chips were illicitly routed to China through Megaspeed, a company based in Singapore. If true, that would put some of the most tightly controlled hardware in the world in exactly the place US policy is designed to keep it out of. Bessent called for immediate clarification from Nvidia’s directors on the company’s compliance with US export controls.

BeCrypto News shows a short excerpt and links to the publisher. The full report belongs to Crypto Briefing.