Sources: Howard Lutnick is expected to join Trump on Air Force One to China this week, after clashing with Scott Bessent and others over Nvidia chip curbs (Ashley Gold/Semafor)

Howard Lutnick is expected to travel on Air Force One to China with President Trump this week. According to Semafor, Lutnick's expected travel follows clashes with Scott Bessent and others regarding Nvidia chip curbs.

An analysis of financial disclosures by the anti-corruption group DeKleptocracy found that Trump purchased between $1 million and $5 million in Nvidia stock in the days before his administration scrapped a Biden-era export rule in May 2025. This rule, known as the diffusion rule, was designed to limit the export of advanced US-made artificial intelligence chips to China. Following the reversal, Nvidia shares rose in value. Trump's disclosures also indicated share purchases in Microsoft, Meta, and Apple.

Trump's administration continued to ease restrictions, such as the December 2025 announcement allowing Nvidia to sell H200 chips to China, a move approved by the commerce department in January 2026. France 24 reports that the Singapore-based company Megaspeed stated Chinese businesswoman Alice Huang officially left the company in 2025.

Huang is identified as an alleged Chinese spy who had an affair with former Nvidia CEO Jensen Huang and was under investigation for chip smuggling. France 24 also noted allegations that Trump was warned about the affair but did not react.

Brief written by urgent.news from Techmeme, France 24, Times of India — 3 reports on this story. Machine-written — may contain errors; check the original before relying on it.