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US probes suspected Chinese spy's access to Nvidia CEO amid AI chip export concerns

Market News
29 Oct 2026, 21:16 WIB
Fox Business
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Neutral
US probes suspected Chinese spy's access to Nvidia CEO amid AI chip export concerns

US officials investigated a former Singapore-based cloud executive suspected of spying for China who met Nvidia CEO Jensen Huang multiple times. The executive, Alice Huang, led Megaspeed, a company buying Nvidia chips to build data centers. The meetings raised alarms due to sensitive AI chip technology and Nvidia's ties to US export controls. Nvidia said such meetings with customers are routine and the CEO was not warned about intelligence concerns. The Chinese government denied the allegations, and the Trump administration, briefed on the case, took no action. This highlights ongoing tensions over AI technology and national security.

Nvidia shares are trading at USD 212.43 on Pluang as of Oct 30, 2026 01:32 WIB, down 1.37% in the last day. The stock's market cap stands at $5.20 trillion, reflecting its massive scale in the technology sector. This trading activity occurs amid reports of a suspected Chinese intelligence asset gaining access to Nvidia's CEO, highlighting ongoing concerns about the company's sensitive AI chip technology and geopolitical risks.

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