PolicyHigh

Chip smuggling allegations and export-control push

The Huang scandal is fueling scrutiny of AI chip exports to China, with reports of Commerce weighing new rules and House Speaker Johnson backing restrictions.

What we know

A reported Information scoop says Alice Huang's companies invested in DeepSeek via SPVs, promising black-market Blackwell chips (unconfirmed). Reports say Commerce is considering restricting China's access to AI chips in overseas data centers. House Speaker Mike Johnson reportedly supports restricting chip exports to China. Market news accounts report Bessent confronted Lutnick over why a firm in the scandal isn't blacklisted (unconfirmed).

What people are posting

Posts on X this story draws on. They are individual users' views and have not been verified by Global Eye 24.

@mayazi

“Alice Huang's companies recently became an investor in #DeepSeek through SPVs”

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@AlecStapp

“Commerce is reportedly considering new regulations to restrict China's access to AI chips”

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By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.