FBI investigates Nvidia's CEO over alleged Chinese spying
The president, who said he had spoken to Nvidia CEO Jensen Huang, said he was 'amazed' by claims Huang conducted an affair with an alleged Chinese spy, and that the FBI was now looking into the issue Jensen Huang’s image has been shattered.
- California lawsuit comes as Donald Trump says FBI is investigating tech CEO’s links with Alice Huang Nvidia’s board needs to do some succession planning – sharpish Nvidia and its chief executive, Jensen Huang, have been accused of misleading shareholders in a lawsuit over the Chinese spying scandal engulfing the $4.3tn (£3.2tn) company.
- and China race to develop the most advanced AI infrastructure.
Pressure is mounting on Huang, but he appears unlikely to lose his job, at least for now: Trump has publicly backed the executive, and Nvidia is highly dependent on him, with no clear successor in view and a board that is relatively low on heft.
- Move comes as chipmaker reels from reports its CEO was having an affair with an alleged Chinese spy Business live – latest updates Nvidia has appointed a leading US law firm to conduct a “thorough and independent” investigation into the relationship between its chief executive, Jensen Huang, and an alleged Chinese spy.
- Nvidia shares fell following Jensen Huang’s admission of infidelity with an executive tied to Chinese intelligence, while lawmakers in a soon-to-be Democrat-controlled Congress have pledged investigations into the episode, and the US Commerce Department has reportedly begun readying a new set of semiconductor export controls.
- A former state media editor cast the controversy as “a calculated move by the Democratic Party and the US establishment to take down Jensen Huang, and by extension, go after Trump,” while netizens accused American media of smearing Alice Huang, the Chinese executive suspected of working on behalf of the Ministry of State Security.
- The US president said he spoke with Jensen Huang on Monday and asked him about the affair with the alleged spy.
- Wachtell’s website describes Kim, a former government prosecutor in New York, as a specialist in areas including internal investigations, white-collar criminal and regulatory defence, and crisis management.
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