US Commerce Secretary Howard Lutnick stalled President Donald Trump's crackdown on companies suspected of diverting Nvidia's chips to China, Axios reported on Wednesday, citing high-level sources. Trump on Thursday authorized a crackdown on companies suspected of diverting the chips for the third time this year, Axios reported, adding that the Republican president consulted billionaire Elon Musk before giving the go-ahead. But Axios reported Lutnick has repeatedly stood in the way.