Beijing has stepped up efforts to develop domestic alternatives, including through Huawei. Analysts say Chinese chips remain less efficient for…
Howard Lutnick is scheduled to testify before Congress in the coming weeks alongside Nvidia’s ousted chief.
A separate account of a January 2026 Beijing visit said opportunistic sellers advertised photographs with a visitor for 25,000 yuan ($3,700), and a…
Beijing has stepped up efforts to develop domestic alternatives, including through Huawei. Analysts say Chinese chips remain less efficient for training advanced AI models.
Howard Lutnick is scheduled to testify before Congress in the coming weeks alongside Nvidia’s ousted chief.
A separate account of a January 2026 Beijing visit said opportunistic sellers advertised photographs with a visitor for 25,000 yuan ($3,700), and a restaurant launched a special menu costing more than 400 yuan after he ate there. The material did not name that visitor or link the episode to the testimony.
Dig deeper
Who is Howard Lutnick?
Howard Lutnick is the U.S. commerce secretary, a former Wall Street executive whose portfolio includes export controls that shape which advanced chips can be sold to China.
What is Nvidia?
Nvidia is the U.S. company whose graphics processors dominate training of advanced AI models, making its products central to the chip race with China.
What is Huawei in this story?
Huawei is a Chinese technology company that Beijing is backing to build domestic AI chips as an alternative to U.S. suppliers such as Nvidia.
Why does Beijing’s chip push matter?
China wants homegrown chips so it is less dependent on U.S. technology, but those chips are still widely seen as less efficient for training the most advanced AI models.
What happens next?
Lutnick is due to testify before Congress in the coming weeks with Nvidia’s ousted chief as the AI chip competition continues.