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Did Trump know about Nvidia CEO's secret spy affair?

Washington, DC: The board of directors at Nvidia has initiated an independent probe following allegations that company CEO Jensen Huang had been targeted by a Chinese intelligence operation involving his wife, Alice Huang. This follows US Secretary of State Marco Rubio warning senior administration officials about the relationship and suspected espionage activities.

Nvidia announced the investigation, stating it would be overseen by a committee of independent directors with outside counsel. The Board emphasized their priority on national and economic security, expressing no belief that national security or Nvidia's secrets were compromised. Jensen Huang has committed to cooperating with the review.

The board has confidence in Huang and his leadership team, promising further updates as needed. The New York Times reported that Marco Rubio drafted a classified memo warning of Huang's relationship with Alice Huang, whom US intelligence suspected of being recruited by China's Ministry of State Security. The memo alleged Huang had been involved in smuggling restricted Nvidia semiconductors to mainland China.

Megaspeed, a company run by Alice Huang, reportedly purchased around USD 2 billion worth of Nvidia products. American officials suspect Megaspeed has been used as a conduit for smuggling advanced Nvidia processors to China. Alice Huang was seen with Jensen Huang at events in 2024, a time when her company was acquiring advanced AI chips.

Nvidia had previously stated Huang's interactions with clients, including Alice Huang, were routine and denied the allegations as baseless. Huang apologized to his family and Nvidia colleagues, board members, partners, and shareholders for his actions. Three Republican House committee chairs have asked Huang to address the reported connections with the Chinese businesswoman suspected of providing information to Beijing in a private meeting.

Nvidia's spokesperson confirmed the ongoing developments would not affect corporate operations, and Huang remains committed to his role as CEO.

Written by urgent.news from The Economic Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at economictimes.indiatimes.com →

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