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NVIDIA faces scrutiny as a suspected Chinese spy built ties with CEO amid national security concerns.

Market News
30 Oct 2026, 15:32 WIB
24/7 Wall Street
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Bearish
NVIDIA faces scrutiny as a suspected Chinese spy built ties with CEO amid national security concerns.

US intelligence alleges a suspected Chinese intelligence asset, Alice Huang, formed a close relationship with NVIDIA CEO Jensen Huang while her company spent billions on NVIDIA chips. The report says US officials briefed former President Trump but took no action, and Jensen Huang is not accused of wrongdoing. The case raises governance questions for NVIDIA, which is central to US national security over AI chip exports. Congress demands answers as political risks grow, though NVIDIA's revenue impact is limited. Future developments could affect stock if Congress investigates further or export rules tighten.

The news about NVIDIA CEO Jensen Huang's connections with a suspected Chinese intelligence asset has stirred concerns, yet the stock shows resilience. On Pluang, NVDA trades at USD 207.92, down 2.69% as of Oct 30, 2026 19:41 WIB, with a market cap of $5.20T. Despite political risks, investor activity remains balanced, with 52% sell and 48% buy orders, reflecting cautious but steady interest in the stock.

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