Eric Goetz

Good for Nvidia’s board for doing an investigation. But Jensen’s behavior is only half the story. The biggest problem remains unaddressed: the Department of Commerce has enacted policies—at the encouragement of Jensen, and which the MSS reportedly sought as well—that allow China to continue to access the most advanced Nvidia chips, including via Megaspeed. @CommerceGov leadership knew that Jensen was sleeping with a Chinese spy and that Megaspeed was a Chinese cutout, but still actively opposed any policies to tighten export controls on Nvidia chips. Why? Commerce could have blocked chip shipments to Megaspeed the moment it found out that it was run by a Chinese spy, but it did not. Commerce has also refused to enforce regulations—which ironically remain on the books—that would require exporters to apply for a license to ship large numbers of AI chips to untrusted entities in many countries, which would prevent China from using shell companies like Megaspeed to buy controlled chips. And Commerce has done nothing to cut off China’s remote access of controlled chips, or its ability to buy controlled chips in the United States. Why is Commerce protecting Jensen and supporting his preferred policies even though it has known for months that Jensen was sleeping with a Chinese spy? Why is it STILL doing so? Obviously Nvidia needs to take significant steps in its operations, security, and policy advocacy to ensure it takes national security concerns more seriously. But it is even more important that the Department of Commerce tighten up export controls to prevent things like this from ever happening again. It is utterly baffling that despite being privy to this information for months, they have not taken even the most basic actions to protect the country, such as cutting off a company that is literally run by Chinese spies from buying AI chips. By the way, as of this writing, Nvidia STILL lists Megaspeed as a “regional cloud partner” on its website.