The US authorities are investigating whether the tech giant Nvidia circumvented export controls using front companies, US Treasury Secretary Scott Bessent said.

“These shell companies were obvious, they were being investigated, and did Nvidia use them as a workaround to sell chips to the Chinese,” he told Fox News.

According to Bessent, investigators are looking into the exact nature of Nvidia’s dealings with the companies in question and whether the tech giant’s management was aware of them.