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Nvidia denies US spying claims on CEO's associate linked to Singapore cloud firm

Market News
29 Oct 2026, 18:59 WIB
CNBC
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Neutral
Nvidia denies US spying claims on CEO's associate linked to Singapore cloud firm

Nvidia has rejected a New York Times report alleging US intelligence surveilled Alice Huang, an associate of Nvidia CEO Jensen Huang, fearing she was a Chinese spy. The report linked Alice Huang to Singapore-based cloud company Megaspeed, which Nvidia says is just a regional customer and denies any unusual access or trade secret exposure. Nvidia also stated that previous export control evasion claims against Megaspeed were investigated and debunked. The company emphasized it has not been briefed by the US government about any threats and highlighted ongoing tensions around AI chip exports to China amid geopolitical concerns.

Nvidia trades at USD 213.63 on Pluang, down 0.81% as of Oct 29, 2026 23:11 WIB, with a market cap of $5.20 trillion. Despite the recent report linking Nvidia CEO Jensen Huang's associate to espionage allegations, Nvidia's stock shows resilience supported by a typical hold time of 117 days and a buy order activity of 64%. This trading behavior highlights investor interest amid ongoing geopolitical tensions around AI chip exports to China.

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