// AI news · 2026-11-14 · CNBC
Lutnick Family Firm Reduces Nvidia Holdings
Cantor Fitzgerald reduced its Nvidia holdings by nearly half between September 2025 and March 2026.
Published 2026-11-14 02:32 (Beijing time)Source CNBCAuto-summarised, fact-checked against source
01Summary
The firm maintained close ties with Nvidia executives and financed AI business partners. This came amid pressure on Commerce Secretary Howard Lutnick to act against suspected chip smuggling to China via Megaspeed. No evidence links the stock decline to intelligence warnings or insider influence, though concerns about transparency remain.
Summarised from the original article by an open-source model, then checked automatically: every number and English name must appear in the source. The original article is authoritative.
02Key points
- Cantor reduced its Nvidia holdings by nearly 50% between Sept 2025 and March 2026
- Maintained close ties with Nvidia executives and AI business partners
- Faced pressure to act on suspected chip smuggling via Megaspeed to China
- Transparency concerns persist despite no evidence of insider influence
03Source
Lutnick faces questions over Nvidia spy scandal. His sons’ firm has deep ties to the chipmaker
CNBC · published 2026-11-14 02:32 Beijing time
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