Bessent, asked about Nvidia report, says that is Commerce Department function
NVIDIA Corporation
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WASHINGTON, May 14 (Reuters) - U.S. Treasury Secretary Scott Bessent on Thursday declined to comment on a Reuters report that the U.S. has cleared about 10 Chinese firms to buy Nvidia's second-most powerful AI chip, the H200, saying that was a Commerce Department matter.
"This is news to me. I know there's been a lot of back and forth on the H200, and we'll have to see on that. That's a Commerce Department function, OK?" Bessent told CNBC's "Squawk Box" in an interview taped earlier Thursday.
