Nvidia is facing growing scrutiny after reports linked CEO Jensen Huang to a Chinese businesswoman suspected of working for Beijing, prompting a U.S. investigation and raising concerns about the security of sensitive technology.
The controversy centers on Alice Huang, a former executive at Singapore-based technology company Megaspeed International, whom U.S. intelligence agencies reportedly suspect of gathering information for China. She is also alleged to have helped secure access to advanced Nvidia chips despite U.S. export restrictions.
Huang, 63, acknowledged having an extramarital affair but has denied knowingly being involved with a spy. China has dismissed the allegations as unfounded.
Nvidia’s board has launched an independent investigation, saying it has no reason to believe that national security or company secrets were compromised. Huang has pledged to cooperate.
The scandal has also triggered investor concerns, a shareholder lawsuit accusing Nvidia and its CEO of misleading investors, and calls for congressional scrutiny. Nvidia shares have fallen amid the controversy.
The case has renewed concerns in Washington over China’s access to advanced artificial intelligence chips and the safeguards protecting U.S. technology.
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