StocksMedium•14 November 2026•
1 min read
US Treasury Secretary Questions NVIDIA's Financing and Export Control Compliance
Key Facts
1US Treasury Secretary Scott Bessent questioned whether NVIDIA knowingly sold AI GPUs to shell companies.
2Reports allege NVIDIA used circular financing by investing in startups that then purchased its hardware to sustain demand.
US Treasury Secretary Scott Bessent questioned whether NVIDIA knowingly sold AI GPUs to shell companies. Tom's Hardware reported that allegations suggest the company utilized circular financing by investing in startups that subsequently purchased its hardware to sustain demand levels.
NVIDIA closed at $162.85 on November 13, 2026, amid regulatory scrutiny regarding the effectiveness of its internal export controls. In the same sector, AMD closed at $534.06 and TSM at $398.73 on the same date, while INTC recorded a close of $59.66.
Federal Reserve Chair Kevin Warsh is scheduled to deliver a speech on November 16, 2026, an event that may influence broader market sentiment toward the technology sector and mega-cap equities.