{
  "id": 19398911,
  "title": "Tangen hyller Jensen Huang: – Gjort en fantastisk jobb",
  "url": "https://urgent.news/2026/11/10/tangen-hyller-jensen-huang-gjort-en-fantastisk-jobb",
  "topic": "business",
  "section": "Business",
  "published": "2026-11-10T21:25:56.000Z",
  "source": {
    "name": "E24 Norway",
    "slug": "e24-norway",
    "url": "https://e24.no/boers-og-finans/i/Xowryr/tangen-hyller-jensen-huang-gjort-en-fantastisk-jobb"
  },
  "original_language": "en",
  "account": "Oljefondets leder Nicolai Tangen was quizzed on Tuesday about Nvidia and its CEO Jensen Huang on CNBC's Squawk Box program. Huang has been the talk of the town after admitting to being untruthful about a Chinese national, Alice Huang, who US authorities suspect was recruited by the Chinese intelligence service. Nvidia's stock has fallen sharply after the company's management initiated an investigation into its top executive. On CNBC, Tangen was asked about revelations confirmed that week. \"First of all, I must say that it is a fantastic company and that he has done a fantastic job in creating it and as a leader,\" said Tangen. Jensen Huang founded Nvidia in 1993 and has since been the CEO of the company, which was once the world's most valuable at a market value of over $5 trillion. Alice Huang previously led Megaspeed International, a company that was a Nvidia customer and was under investigation for possible circumvention of US export restrictions. US President Donald Trump was reportedly briefed on the intelligence information around a year ago but chose not to intervene, according to The New York Times. On Monday, Trump said the FBI is investigating the matter and that he had spoken with Nvidia's CEO. Nvidia was Oljefondets largest holding at the end of June, worth over 600 billion kroner. Tangen was also asked about the value of Nvidia's stock and whether it is a good investment now. \"It's a difficult question. Their global position in technology is unique and their innovation is unique. It is an incredibly, incredibly impressive company,\" said Tangen, reminding that Oljefondet is an index-linked fund and that Nvidia has a large weight in the index. The program host also asked the Oljefondssjef about the AI frenzy in the market. Stock markets fell heavily at the beginning of the week, especially technology stocks. - It was quite turbulent after the election last week, but it stabilized. What we see is strong underlying demand for data power and we see what AI does with Oljefondet to reduce costs and increase efficiency, said Tangen. He calls AI a \"gigantic technological revolution.\" - Whether this reflects in stock prices, I think is a very difficult question.",
  "summary": "Oljefondets leder roser Nvidias toppsjef, men er ordknapp om utroskapsskandalen som ryster…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 4,
    "also_reported_by": [
      {
        "outlet": "Business Insider",
        "title": "Photos show Jensen Huang and Alice Huang together over the years",
        "url": "https://urgent.news/2026/11/10/photos-show-jensen-huang-and-alice-huang-together-over-the-years",
        "published": "2026-11-10T05:05:35.000Z"
      },
      {
        "outlet": "The Economic Times",
        "title": "Biz meet to spy probe: The Jensen & Alice story",
        "url": "https://urgent.news/2026/11/10/biz-meet-to-spy-probe-the-jensen-alice-story",
        "published": "2026-11-10T08:12:56.000Z"
      },
      {
        "outlet": "Guardian Business",
        "title": "Nvidia and Jensen Huang sued in US over affair with alleged Chinese spy",
        "url": "https://urgent.news/2026/11/10/nvidia-and-jensen-huang-sued-in-us-over-affair-with-alleged-chinese",
        "published": "2026-11-10T12:45:54.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}