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US probes possible Chinese spy plot targeting Nvidia CEO via Singapore AI exec

Market News
29 Oct 2026, 19:42 WIB
TechCrunch
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Bearish
US probes possible Chinese spy plot targeting Nvidia CEO via Singapore AI exec

US intelligence investigated Alice Huang, a Singapore AI cloud firm executive, suspected of spying on Nvidia CEO Jensen Huang to gather sensitive company information for China. The investigation followed concerns about illegal chip sales to China by her firm, Megaspeed. Nvidia denies any unusual relationship or sharing of sensitive data with Huang. This probe highlights ongoing tensions over technology transfer and export controls between the US and China.

Nvidia's market cap stands at $5.20 trillion as of Oct 29, 2026, with a daily trading volume of 91,664,984 shares on Pluang. Despite the US investigation into alleged spying involving Nvidia's CEO, the stock price is down only 0.95% at USD 213.34 as of the same date and time. Investor activity on Pluang shows a majority buying interest at 64%, with a typical hold time of 117 days, reflecting steady engagement with the stock amid geopolitical tensions.

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