According to Democratic lawmakers, the U.S. Congress launched a formal investigation on Thursday (November 12) into the Trump administration's handling of NVIDIA's China chip sales. House Ways and Means Committee senior Democrat Richard Neal and Senate Finance Committee senior Democrat Ron Wyden jointly submitted a letter to Commerce Secretary Howard Lutnick demanding preservation of all records related to the chip transaction.

In their letter, the lawmakers alleged the deal involved a tariff arrangement where the Trump administration would approve NVIDIA H200 and H20 AI chip exports to China—with Taiwan-manufactured chips first arriving in the U.S.—then levy tariffs capturing 15–25% of sales proceeds before issuing export licenses. The letter also questioned a $26 million donation from NVIDIA to Trump-related initiatives and alleged Commerce Department lapses in security screening of Chinese buyers like Megaspeed, suggesting potential impropriety linking the donation to export approval.

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