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US lawmakers seek probe into Nvidia CEO's ties with alleged Chinese spy amid national security concerns

Market News
08 Nov 2026, 20:06 WIB
CNBC
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Bearish
US lawmakers seek probe into Nvidia CEO's ties with alleged Chinese spy amid national security concerns

US lawmakers from both parties are demanding investigations into reports that Nvidia CEO Jensen Huang had interactions with Alice Huang, an executive allegedly recruited by China's Ministry of State Security to gather information. The Trump administration reportedly received intelligence about this relationship last spring. Nvidia states the interactions were routine customer meetings with no sensitive information shared. Lawmakers have called for closed-door briefings and further inquiries as concerns grow over China's access to US technology and the potential national security risks involved.

Nvidia's stock price on Pluang is currently USD 186.64, up 2.78% as of Nov 09, 2026 01:21 WIB, trading closer to its 52-week low of USD 165.17 than its high of USD 239.27. This suggests that despite the congressional scrutiny over CEO Jensen Huang, the market shows some resilience. The stock's market cap stands at $4.51 trillion, with a dividend yield of 0.54%, reflecting its strong position in the technology sector.

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