CFR's McGuire Nvidia Probe: Just Tip of Iceberg
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Read a transcript preview of “CFR's McGuire Nvidia Probe: Just Tip of Iceberg” from Bloomberg Television, uploaded on 2026-11-09.
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Language: English (original, creator captions)
[0:00] McGuire says that it is concerning that the US knew of Huang's affair and still
[0:05] allowed China access to Nvidia's most advanced chips.
[0:08] Chris previously served on the National Security Council under the Biden
[0:11] administration, and so pleased to say that he joins us now.
[0:15] Chris has been getting a lot of attention online, so thank you for
[0:17] joining us. To what degree is this not just a
[0:20] failure of Jensen Huang, but of the U.S. government?
[0:25] Absolutely. I think the bigger story here in the one
[0:27] with the longer term lasting impact is going to be what happened with the US
[0:31] government, and how did they know about this and not act?
[0:34] I mean, the fact is, the US government has reportedly known about mega speeds,
[0:38] ties with China, and also Jensen's ties with Mega Speed for over a year,
[0:42] potentially. Uh, the president was briefed on this
[0:44] last year. There's been memos that apparently went
[0:46] on this earlier this year. And the fact is, the Department of
[0:49] Commerce could have sent a letter to Nvidia that cut off mega speed from
[0:53] advanced chips immediately. But instead, according to New York Times
[0:56] reporting, Mega Speed has received $4.8 billion worth of advanced chips and is
[1:01] probably only the tip of the iceberg. If you look at all of Southeast Asia,
[1:05] the number two, four and five importers of AI chips in the world this year are
[1:10] Malaysia, Thailand and Singapore. They've received about $80 billion worth
[1:14] of AI chips. The flows of of Nvidia chips into
[1:18] Southeast Asia for for mega speed or companies like Mega Speed is