Democrats launch inquiry into Nvidia chip sales to China

Democratic lawmakers Rep. Richard Neal and Sen. Ron Wyden launched an inquiry targeting the Commerce Department over its handling of Nvidia's chip sales to China. The lawmakers questioned a revenue-sharing arrangement that required chips to be routed through the U.S. and hit with a tariff before export licenses were issued. The investigation follows the ouster of Nvidia CEO Jensen Huang after he confessed to an extramarital affair with an executive from a Singapore-based customer suspected of routing advanced chips into China. Lawmakers are asking the Commerce Department to preserve records and questioning whether the administration green-lit sales despite security concerns and whether Nvidia donations factored into the approvals.