Bessent: We Support Blacklisting Megaspeed

US Treasury Secretary Bessent announced that his Department supports the inclusion of Megaspeed, which is at the center of espionage allegations related to Nvidia, on the "Entity List" that includes organizations posing a threat to US interests. Bessent stated that the stance regarding the blacklisting of the company has been maintained for months. In the Department's assessment, the view that Megaspeed poses a risk to US national interests stands out. The statement came amid espionage allegations linked to Nvidia. The addition of Megaspeed to the list is considered part of the US's restrictive measures in the technology and security fields. The Entity List is known as a mechanism through which restrictions are applied to organizations deemed threats to US interests. The Department's support in this direction indicates that scrutiny and sanctions pressure on the relevant organizations may increase. Not investment advice.