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The Chips Fall on Trump

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Cite

Kristol, W. (2026, November 13). The Chips Fall on Trump. The Bulwark. https://www.thebulwark.com/p/the-chips-fall-on-trump-nvidia-scandal-huang-lutnick-bessent-china

Dated from the outlet's own feed. Check the original for its byline.

The Bulwark · collected 2026-11-13 · by William Kristol commentary

Quick Summary

This opinion piece by William Kristol argues that the Trump administration has failed to hold itself accountable for a national security scandal involving Nvidia and Chinese intelligence assets. The author highlights that while Nvidia CEO Jensen Huang resigned following reports of his ties to a suspected Chinese asset and corporate malfeasance, the Trump administration has not investigated why officials supposedly bent policy to favor Nvidia and China. The text cites reports that the Justice Department and FBI rebuffed Singaporean requests to help investigate the illegal rerouting of chips, while the Commerce Department allegedly stalled actions against companies evading export controls.
Written by AI on 2026-11-13, from this article's own text only (the story summary below draws on all the coverage).

Compared with similar articles

This article reads leans strongly left and hedges 3% of its claims. Each row says how that neighbour differs.
The Bulwark
Leans left further right than this Hedges 1 of 4 claims
“The articles discuss different aspects of events surrounding Trump, with Article A focusing on election results and their implications, while Article B discusses the aftermath of the election, including the China Chips scandal and Trump's reaction to it.”
Fox News
Leans left further right than this Hedges 4 of 39 claims Outlet record 67/100
“The articles discuss different aspects of Trump's political situation and reactions to the midterms, but they do not describe the same specific incident or event occurring at the same time and place.”
The Independent
Leans strongly left Hedges 1 of 27 claims Outlet record 59/100
“The articles cover similar content but describe different interviews and contexts: one with Hugh Hewitt and the other with Stephen A. Smith.”
CBS News
Leans right further right than this Hedges 18 of 393 claims Outlet record 68/100
“The articles describe different interviews with Trump at distinct times: ARTICLE A mentions an interview with Hugh Hewitt on November 13th, while ARTICLE B refers to a 60 Minutes interview on November 9th.”
The Independent
Leans right further right than this Hedges 7 of 43 claims Outlet record 59/100
“The articles describe different points in time regarding Trump's reaction to the midterm election results, with Article A focusing on an immediate aftermath and Article B on a later reflection.”

Story

The Chips Fall on Trump
Other · 1 article(s) covering the same event.
How this article was measured signals, leaning charts, publisher record, byline, topics and claims

Signals How these are calculated →

Claims extracted
91
sentences that state something as happening or true
Uncertain
3%
3 of 91 hedged ("reportedly", "may", "according to")
Leaning
Leans strongly left
expected in commentary, which argues a position · beta estimate
Publisher signals
not measured
these signals count newsroom corrections; Commentary has none to count
Outlets on this story
1
Other
Same framing elsewhere
1
articles that frame the event the way this one does
Analyzed 2026-11-13 · how these are computed

How this is being covered How these are calculated →

Article leaning vs. publisher reliability
Source leaning vs. consistency

Publisher

The Bulwark · 694 article(s) · 0 correction(s) detected
No corrections detected for this publisher. That may mean careful reporting, or simply that nothing has been checked.

Who wrote this

William Kristol
32 article(s) here · 1 carrying a prediction
Yesterday, in an interview with conservative radio host Hugh Hewitt, Trump started a standard everybody-loves-me brag: “I think my level of popularity, maybe, is higher now than it was [in 2024].”
2026-11-13 · assertive framing · The Chips Fall on Trump
With inflation numbers coming in hotter than expected yesterday, the Fed is surer than ever that it will need to authorize more rate hikes in the weeks ahead—an unfortunate prospect for Warsh, whom Trump installed with an explicit command to slash rates and let the economy run hot.
2026-11-11 · assertive framing · Trump’s Chipghazi
Bill Kristol and former Trump aide Sarah Matthews discuss why Miller could become the de facto president, how his appointment could reshape the balance of power inside the administration, and whether Pete Hegseth’s desperate displays of loyalty can save his job as the Iran war drags on.
2026-11-08 · assertive framing · Stephen Miller May Now Be the De Facto President
After Trump’s crushing midterm defeat, could Republicans finally decide they’re better off without him?
Next year, it looks like America will have 56 Democratic senators, around 260 House members, and the governorships of 13 of the 14 largest states.
2026-11-06 · assertive framing · Trump Got One Thing Right: We’re Not Tired of Winning
“The Almighty has His own purposes.”
How Bad Could It Get for Republicans? (w/ Sarah Longwell) | Bulwark on Sunday A recording from The Bulwark’s live video
One might even call what happened this year a Brew Wave.
2026-10-29 · assertive framing · Is This Heaven? No, It’s the Midterms.
Most billionaire political donors would be content to throw their lucre into a PAC to buy up a bunch of ad time and call it a day.
2026-10-28 · assertive framing · How Do You Solve a Problem Like Elon Musk?
The 2006 precedent could serve as something of a warning.
2026-10-27 · assertive framing · Wave Goodbye to a Republican Congress
Also by William Kristol
Trump’s Chipghazi
2026-11-11 · The Bulwark
Nothing else under this byline is closely related to this article, so these are simply their most recent.
All 32 articles by William Kristol →

Topics

China Megaspeed Nvidia Singapore U.S.

Subjects

Trump PERSON · 12× Nvidia ORG · 9× China GPE · 5× Megaspeed ORG · 4× U.S. GPE · 4× Alice Huang PERSON · 3× Commerce ORG · 3× Singapore GPE · 3× Huang PERSON · 2× Jensen Huang PERSON · 2×

Narrative

Sens. Ron Wyden (D-Ore.) and Rep. Richard Neal (D-Mass.), who will respectively take over as chairs of the Senate Finance and House Ways and Means Committees in January, have already written a letter to Lutnick requesting an explanation for what “appears to be a profound lack of due diligence in Commerce’s process for approving these Chinese buyers of Nvidia chips.”
framing: assertive · carried by 1 article(s) · first seen 2026-11-13
Yesterday, in an interview with conservative radio host Hugh Hewitt, Trump started a standard everybody-loves-me brag: “I think my level of popularity, maybe, is higher now than it was [in 2024].”
2026-11-13 · The Bulwark
The Chips Fall on Trump · assertive framing

Claims (91 extracted, 3 hedged)

It’s taken a while, but certain facts about last week’s election seem to be slowly penetrating the president’s brain. asserted
facts → take → brain
Yesterday, in an interview with conservative radio host Hugh Hewitt, Trump started a standard everybody-loves-me brag: “I think my level of popularity, maybe, is higher now than it was [in 2024].” asserted
it → start → 2024
Then he pulled up: “I’m not sure. asserted
I → pull → ?
It feels to me that maybe it would be higher, other than what happened at the midterms.” asserted
what → feel → midterms
The China Chips scandal seems to be unraveling at warp speed. asserted
scandal → seem → speed
Two weeks ago, the New York Times reported that U.S. intelligence had concluded that Alice Huang, a top executive at the Singapore-based firm Megaspeed, was in a “close relationship” with Nvidia CEO Jensen Huang, and that she is likely a Chinese intelligence asset. asserted
she → report → Huang
This past weekend, the Times further reported that National Security Advisor Marco Rubio had advised the president of this, but that Trump nonetheless persisted in maintaining his close relationship with Jensen Huang. asserted
Trump → report → Huang
Yesterday, reacting to the reports of Jensen Huang’s personal relationships with Alice Huang and subordinates at Nvidia, but also, one suspects, aware of possible widespread corporate evasion of U.S. export control laws, the Nvidia board announced his resignation as president, CEO, and a member of the company’s board. asserted
board → react → board
That’s a start. asserted
That → ’ → ?
But it’s only a start. asserted
it → ’ → ?
Leaving aside the question of who else at Nvidia was aware of its corporate malfeasance, one should note that in this kind of national security scandal, it takes two to tango: the corporation and the Trump administration. asserted
it → leave → two
Nvidia has at least begun to deal with its scandalous behavior. asserted
Nvidia → begin → behavior
The Trump administration has done nothing. asserted
administration → do → nothing
This administration is not going to investigate itself. asserted
administration → go → itself
It’s not going to explain why, as Catherine Rampell put it so well, it was “so keen to protect its friends, and so eager to juice the stock market, that it was willing to trade away U.S. interests.” asserted
it → go → interests
It’s not going to help uncover why “officials bent U.S. policy to be more favorable to Nvidia and China, and to make it easier for the former to supply the latter.” asserted
former → go → latter
It’s not going to detail just how the Commerce Department stalled action against companies suspected of diverting Nvidia chips to China, and helped other companies evade national security restrictions on dealing with China. asserted
companies → go → China
It’s not going to ask why Commerce declined to put Alice Huang’s company, Megaspeed, on the trade restriction list, or why Commerce has gone more than a year without adding any company to that list. asserted
Commerce → go → list
And it’s not just the Trump Commerce Department. asserted
it → ’ → ?
The Washington Post reported yesterday that the Trump Justice Department and FBI have, over the last year, “rebuffed requests from Singaporean authorities to assist with its investigation into Alice Huang and Megaspeed.” asserted
Department → report → Huang
Singapore’s government suspected that Megaspeed, based in Singapore, “was illegally rerouting high-end Nvidia chips to China in violation of American export controls.” asserted
Megaspeed → suspect → controls
And many others in the administration kept quiet as they saw the selling out of national security interests proceeding around them—only now claiming they were concerned. asserted
they → keep → them
Because they work for President Donald Trump. asserted
they → work → Trump
And the central figure in this scandal is not Commerce Secretary Howark Lutnick, though I’d be he’ll soon be its designated scapegoat. asserted
he → designate → scandal
It was at a $1-million-per-plate candlelight dinner at Mar-a-Lago with Trump in April 2025 where Huang appears to have first persuaded Trump to postpone planned restrictions on chip sales to China. asserted
Huang → appear → China
It was to Trump’s ballroom that Nvidia made a $25 million donation. asserted
Nvidia → make → donation
It was Trump who yesterday praised Huang for having done a “fantastic job,” and who reportedly encouraged Huang not to leave his post. uncertain
who → praise → post
(Indeed, upon his departure, Trump suggested on Truth Social that “there is only one man to take his place—TIM COOK of Apple.” uncertain
Trump → suggest → Apple
Apple was the other company that gave $25 million to the ballroom. asserted
that → give → ballroom
And it’s Trump who flies to China next week to meet with Xi Jinping. asserted
who → ’ → Jinping
I doubt Lutnick will join him. asserted
Lutnick → doubt → him
Needless to say, the Trump Justice Department will have zero interest in investigating this scandal. asserted
Department → say → scandal
Previous Justice Departments appointed special counsels to investigate Watergate, and Iran-Contra, Russian interference in the 2016 election, and for that matter Hunter Biden’s dealings with China and Eric Swalwell’s relationship with an alleged Chinese spy. asserted
Departments → appoint → spy
But we no longer have a Justice Department with even a pretense of independence. asserted
we → have → independence
In fact, we have one that appears to be rushing to excuse Huang—or, at least, to cast doubt on the severity of the accusations against him. asserted
that → have → him
Which means we are more dependent than ever on Congress. asserted
we → mean → Congress
Congress has plenty of ability to discover the truth, even if the Trump White House and Justice Department try to cover up and stonewall. asserted
House → have → truth
It can reach into the bureaucracy to ask questions, and it can reach into Nvidia to uncover communications with the administration. asserted
it → reach → administration
Determined and tough-minded congressional investigators have many levers to pull. asserted
investigators → have → levers
It’s encouraging that some members of Congress have begun to act. asserted
members → ’ → Congress
…and 51 more, not listed.
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