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Chinese spy allegedly used close ties with Nvidia CEO to funnel info to Beijing, raising US security concerns.

Market News
29 Oct 2026, 19:42 WIB
New York Post
View Source
Bearish
Chinese spy allegedly used close ties with Nvidia CEO to funnel info to Beijing, raising US security concerns.

Alice Huang, a Chinese citizen and executive at Nvidia partner Megaspeed, allegedly developed a close relationship with Nvidia CEO Jensen Huang while secretly passing intelligence to Beijing, according to US intelligence reports. The relationship raised alarms as Megaspeed is suspected of helping Chinese firms bypass US export restrictions on advanced Nvidia chips. Although Jensen Huang was unaware of these espionage activities, some officials now doubt this. Nvidia denies wrongdoing, stating interactions were typical business dealings and that no sensitive information was shared. The case highlights ongoing US-China tensions over technology and national security.

As of Oct 29, 2026 23:51 WIB, Nvidia's stock price on Pluang is USD 213.34, down 0.95% for the day. The platform shows a market cap of $5.20 trillion and a typical hold time of 117 days among investors. Despite the espionage allegations in the news, Nvidia remains actively traded with 64% of orders on Pluang being buys.

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