Nvidia shareholders sue Jensen Huang over alleged spy ties

The Trump administration may impose new export controls on Nvidia's advanced AI chips sold to China, according to The Information. The rules could restrict tooling for lithography machines and prevent Chinese access to Nvidia's AI chips. Nvidia's stock fell over 4% after CEO Jensen Huang admitted to a scandal involving a suspected Chinese spy, with the board launching an investigation.

The Justice Department took over an investigation into whether an Nvidia cloud-computing customer smuggled AI chips to China, after Nvidia contacted federal investigators. The Commerce Department paused its part of the probe.

Nvidia's board is investigating CEO Jensen Huang's ties to a suspected Chinese spy, Alice Huang. U.S. lawmakers demand answers on Nvidia's defenses against foreign espionage. Nvidia claims no national security or secrets were compromised. Huang apologized to employees for infidelity but did not mention Alice Huang. Singapore is investigating Megaspeed, a Nvidia customer.

Nvidia CEO Jensen Huang acknowledged a romantic relationship with a woman identified by U.S. intelligence as a Chinese spy, according to NBC News.

Nvidia shares dropped 4% after its board launched an investigation into CEO Jensen Huang, who admitted to an affair. US officials suspect the woman involved may have been a Chinese spy, though Beijing denies it. Huang's relationship could have provided insights into Trump's AI policies. The board is probing potential national security risks, though no compromise is suspected. Nvidia is a key player in AI chip production, with significant implications for US-China tech competition.

Sen. Chris Coons called for an investigation into Nvidia CEO Jensen Huang's ties to a woman suspected of Chinese intelligence links. Nvidia shares fell 6.4% to $174.70 as the company announced an independent probe. Huang supports the investigation, according to Nvidia. China denied the allegations, calling them baseless.