Howard Lutnick Took Softer Line on Nvidia as Calls for Tougher Controls Grew

New York Times - Nov 13, 2026

Critics say Howard Lutnick, the commerce secretary, and his department have shielded Nvidia as concerns have grown over A.I. chip sales to firms like Megaspeed.

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Jensen Huang has resigned from Nvidia as chief financial officer Colette Kress replaces him as an interim boss.

SpaceX Plans $74 Billion Investment to Build Data Centers in Texas and Arizona
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Mortgage Rates Remain High as Affordability Challenges Persist
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The average 30-year, fixed-rate home loan fell slightly, to 7.11 percent, pushing buyers and sellers to the sidelines until conditions improve.

Singapore Says US Not Helpful on Investigation Into Alice Huang and Megaspeed
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In a statement, Singapore said it held Alice Huang’s passport months after President Trump was briefed that she was a spy.

$150 for a Thanksgiving Pie? A Humble Dessert Staple Gets Pricey.
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This season, bakers are charging three figures for luxury versions that combine elaborate prep and premium ingredients. Not everyone is biting.

Who Is Colette Kress, the Interim Nvidia CEO Replacing Jensen Huang?
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Ms. Kress, the company’s chief financial officer, joined Nvidia in 2013.

Fed Will Not Hold Policy Vote at October 2027 Meeting
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The shift to a strategy meeting next October is just the first step in a broader plan by Kevin M. Warsh, the chairman of the Federal Reserve, to change how the central bank operates.

What Do You Want to Know About New York Times Journalism and A.I.?
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Jensen Huang’s Affairs That Upended Nvidia: Timeline of Events
Nov 12, 2026
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News of the Nvidia co-founder’s relationship with a suspected Chinese spy, and his affair with an executive who reports to him, prompted his exit from the multi-trillion-dollar company.

Jensen Huang’s Resignation From Nvidia Could Complicate Billions in Philanthropic Giving
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Mr. Huang, the company’s co-founder, and his wife oversee a charitable foundation with about $9 billion in assets.

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