US Cong flags national security fears over Nvidia
Congress is growing increasingly concerned over NVIDIA CEO Jensen Huang's alleged affair with a woman suspected to be a Chinese intelligence asset. The potential compromise of US national security has prompted Congressional hearings and calls for further action. House Democrat Jamie Raskin stated that the affair may have endangered national security, and urged Congressional oversight.
Senate Democratic Leader Chuck Schumer called for President Trump to be held accountable for his defense of Huang, given Trump's knowledge of the affair a year ago. Wang's personal indiscretions have also caused a sell-off of NVIDIA shares, following a Wall Street Journal report on the scandal and Huang's affair with his vice president of healthcare, Kimberly Powell.
The affair has shaken confidence in the company, which designs powerful semiconductors for AI firms, making its technology a prime target for export controls limiting sales to China.
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