# Lutnick to testify on Nvidia chip sales to China

> Commerce Secretary agrees to appear before Senate Banking Committee as lawmakers probe whether Nvidia supplied advanced AI chips to Chinese companies.
- Title: Lutnick to testify on Nvidia chip sales to China · CNBC
- Summary: Commerce Secretary agrees to appear before Senate Banking Committee as lawmakers probe whether Nvidia supplied advanced AI chips to Chinese companies.
- Keywords: howard lutnick, nvidia, jensen huang, senate banking committee, tim scott, china chip exports, export controls, national security, megaspeed, CNBC
- Source: CNBC — https://cnbc.com/2026/11/13/nvidia-scandal-lutnick-chip-sales.html
- Author: Natalie Feary
- Published: 2026-11-13T10:54:40+00:00
- Read time: 1 min
- Topics: howard lutnick, nvidia, jensen huang, senate banking committee, tim scott, china chip exports, export controls, national security, megaspeed, business, finance
## Lutnick summoned to testify
Commerce Secretary Howard Lutnick has agreed to appear voluntarily before the Senate Banking Committee on December tenth, according to NBC News.
## Huang also asked to testify
Senate Banking Chair Tim Scott also asked former Nvidia CEO Jensen Huang to appear on December third. Both received letters Thursday evening requesting testimony.
## The scandal behind the summons
Huang acknowledged an affair with an executive at Megaspeed, a Singapore-based company that bought over four point eight billion dollars of advanced Nvidia AI chips over two years.
## Lawmakers question oversight
Lawmakers are scrutinizing whether the Commerce Department properly oversaw Nvidia's exports and enforced export controls on advanced AI chips to China.
## Banks accuses Lutnick of loopholes
Senator Jim Banks said on Fox News Thursday that Lutnick appears to have used loopholes to allow some of these chip sales to occur.

> appears to have used loopholes to allow some of these chip sales to occur
## Warren demands action on controls
Senator Elizabeth Warren said Lutnick and Under Secretary Jeffrey Kessler must explain why they have not closed export control loopholes.

> must explain why they have not closed export control loopholes
## Key takeaway

Commerce Secretary Howard Lutnick agreed to testify before the Senate Banking Committee on December tenth about the Commerce Department's oversight of Nvidia chip exports to China.