China rejects ‘spy plot’ claims around Nvidia CEO Jensen Huang, calls it ‘nothing but smears’ | What Beijing said
China rejected allegations of a spy plot attempt involving Nvidia CEO Jensen Huang, calling them baseless smears. The denial followed a New York Times report about Huang and a business executive whom US intelligence agencies reportedly suspected of gathering information for Beijing.
China on Monday rejected allegations of a "spy plot" involving Nvidia CEO Jensen Huang, calling the claims baseless and accusing those making them of attempting to tarnish China's reputation. The denial came after a report by The New York Times that Huang had informed Nvidia's board about an intimate relationship with a business executive identified by US intelligence agencies as gathering information on behalf of Beijing.
Chinese Foreign Ministry spokesperson Guo Jiakun dismissed the allegations during a briefing on Monday, labeling them unsubstantiated and describing them as "nothing but smears against China." Nvidia's board had initiated an independent investigation into reports of Huang potentially being the target of a foreign intelligence effort.
Following the rejection of the spy allegations, Nvidia shares experienced a decline of around 5% in pre-market trading on Monday.
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