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Comment by dwoldrich | original | Lutnick Pushed to Weaken Chip Rules That Overlap with His Family Business
[−]dwoldrich · 2026-11-15 Sun 16:55 UTC · link
The US doesn't allow export of chips to China, but does allow it to rent time on them running in its hemisphere. The Biden admin restricted renting advanced GPU time and the Trump admin relaxed it. Complain all you want, but them's the current _rules_. Rules change all the time, maybe congress will act. (Don't hold your breath.)

So, nary a speedbump to China renting all the Blackwell compute they want, but of course at rental prices. What I see is standard American rent-seeking but scaled to nation-state levels. Scummy, but again them's the _rules_.

Huang and the nVidia board were the ones who (knowingly? allegedly?) allowed their products to actually be smuggled into mainland China via China-controlled asian datacenters. That's a line being crossed - maybe criminal, let's see what happens.

The Lutnick focus in the article is just politics and Epstein obsession. I'm not saying the obsession isn't warranted, and the admin just seems to beg the scrutiny with their choices and appointments.

It's the damnedest thing how they keep everyone talking about Epstein, and in Lutnick's case 9/11 well beyond the normal shelf life of regular news stories. I wonder what the plan is there?