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What we know about Jensen Huang and the NVIDIA spy plot

Nvidia CEO Jensen Huang is facing scrutiny after U.S. officials reportedly concluded that a woman with whom he had a romantic relationship was working with Chinese intelligence, raising questions about whether the company’s sensitive technology or national security information may have been compromised. The allegations have prompted Nvidia’s board to launch an independent investigation into […]

Washington Examiner · 42m ago
Jeffries pushes tighter China chip restrictions amid Nvidia CEO scandal

House Minority Leader Hakeem Jeffries (D-N.Y.) backed an effort Monday to pass new restrictions on China’s access to advanced AI chips through an annual defense bill amid a scandal over Nvidia CEO Jensen Huang’s relationship with an alleged Chinese spy. Jeffries, who is in line to become Speaker in the next Congress, said he “strongly…

The Hill · 2h ago
Trump Says FBI Reviewing Nvidia CEO Huang's Affair

Bloomberg Daybreak Europe is your essential morning viewing to stay ahead. Live from Berlin, we set the agenda for your day, catching you up with overnight markets news from the US and Asia. And we'll tell you what matters for investors in Europe, giving you insight before trading begins. President Donald Trump said the FBI is looking into Nvidia Chief Executive Officer Jensen Huang’s extramarital relationship with a suspected Chinese spy, and offered his support to the embattled chip magnate a day after the affair was disclosed. Anthropic is set to kick off the formal marketing of its blockbuster initial public offering as early as Tuesday after an apparent snafu over the filing documents added a dose of last-minute drama to a nervous market. And global stocks were on track for their best two-day gain in more than three months as a resurgent tech rally and a further decline in oil prices boosted sentiment. (Source: Bloomberg)

Bloomberg · 9h ago
Trump backs embattled Hegseth and Jensen Huang and says FBI looking into spy allegations – video

Donald Trump defended defense secretary Pete Hegseth, who is facing an impeachment resolution from Republican senator Thomas Massie, saying Hegseth 'won two wars'. 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. Could he be pushed out at Nvidia? Republican Thomas Massie moves to force vote to impeach Pete Hegseth Continue reading...

The Guardian · 15h ago
Nvidia shares drop amid CEO's alleged Chinese spy affair

Shares of Nvidia, the world's top AI chipmaker, fell more than 4% on Monday, wiping out about $200 billion in stock market value. The company's CEO admitted to an affair with a woman identified by U.S. intelligence as a former data center executive suspected of spying for China. Jo Ling Kent reports.

CBS News · 16h ago
Articles of Impeachment Introduced Against Hegseth

"Balance of Power" focuses on the intersection of politics and global business. On today's show, Rep. Carlos Gimenez (R-FL) says the China Select Committee needs answers about the exact nature of Nvidia CEO Jensen Huang’s relationship and calls it “a breach of national security at a pretty high level.” Sen. Alan Armstrong (R-OK) says permitting reform would provide a long-term, durable fix for building infrastructure and connecting lower-cost energy resources to consumers, but cautions it is not an immediate solution to affordability. Marc Short, former Chief of Staff to former Vice President Mike Pence, says President Donald Trump is “terrific at changing headlines” and says announcing Stephen Miller as White House Chief of Staff helped turn the page from Republicans’ midterm losses. (Source: Bloomberg)

Bloomberg · 17h ago
Here’s what Trump said he knew about Jensen Huang

President Trump held a White House press briefing earlier today and responded to several questions about his knowledge of Nvidia CEO Jensen Huang's affair with an alleged Chinese spy. Huang said this weekend that he had been "​​unfaithful" to his wife, and the company has opened an investigation into Huang. Recent articles from The New […]

The Verge · 17h ago
Short Says Huang China Trip Would Be a Big Mistake

Marc Short, former Chief of Staff to former Vice President Mike Pence, says President Donald Trump is “terrific at changing headlines” and says announcing Stephen Miller as White House Chief of Staff helped turn the page from Republicans’ midterm losses. Short says politics on both sides will make bipartisan deals difficult even where the Trump administration’s economic policies overlap with positions held by Sens. Bernie Sanders and Elizabeth Warren. Short calls Vice President JD Vance’s post-election analysis “foolish” and says it “diminishes his role,” arguing the administration should instead focus on how it will address voters’ concerns. Short calls the revelations involving Nvidia CEO Jensen Huang “shocking” and says China was successful in getting the administration to change its position on export controls, adding that he expects congressional investigations. He speaks with Kailey Leinz on Bloomberg’s "Balance of Power." (Source: Bloomberg)

Bloomberg · 17h ago
Rep. Gimenez Says Nvidia Affair Raises Security Concerns

Rep. Carlos Gimenez (R-FL) says the China Select Committee needs answers about the exact nature of Nvidia CEO Jensen Huang’s relationship and calls it “a breach of national security at a pretty high level.” Rep. Gimenez says he is “probably a no” on the articles of impeachment against Defense Secretary Pete Hegseth unless something comes to light, arguing Hegseth was carrying out orders from the President. Rep. Gimenez says immigration enforcement has gone “a little too far” and says Congress should pursue comprehensive immigration reform before the lame-duck session ends. He speaks with Kailey Leinz on Bloomberg’s "Balance of Power." (Source: Bloomberg)

Bloomberg · 17h ago
Markets Surge as Nvidia Slides on Jensen Huang Scrutiny

The Close brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today's guests are Citi Wealth Head of Portfolio Construction & Analytics Olaolu Aganga, Former Federal Reserve Governor Betsy Duke, Citigroup Managing Director Jason Bazinet, CVS Heath CEO & Chairman David Joyner, Morgan Stanley Head of Wealth Management Jed Finn, Bokeh Capital Partners Founder & CIO Kim Forrest, Seaport Research Partners Senior Analyst David Joyce, Gerber Kawasaki Wealth & Investment Management President & CEO Ross Gerber, Yale School of Management Lecturer of Management Practice Gautam Mukunda, & Dutch Bros CEO Christine Barone. (Source: Bloomberg)

Bloomberg · 18h ago
Bloomberg Businessweek Daily Podcast: China’s 25 Year Rise

The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF Nvidia’s investigation into Chief Executive Officer Jensen Huang’s affair with an alleged Chinese spy raises a series of once-unthinkable questions, including whether the man at the center of the AI boom is at risk of losing his job. Nvidia makes chips that are crucial to AI computing equipment and is one of the world’s most valuable businesses. Turmoil within the company risks reverberating through the broader industry. On today’s episode: Ian King, Bloomberg News US Semiconductor Reporter Elizabeth Saunders, Professor of Political Science at Columbia University Rachel Metz, Bloomberg News AI Reporter Lynn Martin, NYSE Group President (Source: Bloomberg)

Bloomberg · 18h ago
Trump: Jensen Huang said 'I had no idea that she was a spy'

During an impromptu press conference, President Trump said that he had spoken to Nvidia CEO Jensen Huang earlier in the day after it was revealed that Nvidia's board had launched an investigation into his extramarital affair with an alleged Chinese spy.

NBC News · 18h ago
Nvidia Shares Fall Amid CEO Probe

Nvidia shares took a hit Monday after the company’s board launched an investigation into Chief Executive Officer Jensen Huang, following his admission of an affair with a woman identified in a series of reports as a suspected Chinese spy. Bloomberg News US Semiconductor Reporter Ian King and Bloomberg Intelligence’s Mandeep Singh break down the how the scandal and investigation are impacting the industry. Plus, Republican Congressman Thomas Massie filed a resolution in the House to impeach Defense Secretary Pete Hegseth. Bloomberg’s Mike Shepard and Columbia University Political Science Professor Elizabeth Saunders discuss what the effort means for the Trump Administration as GOP lawmakers continue to contend with midterms losses. (Source: Bloomberg)

Bloomberg · 19h ago
The AI poster boy, the ‘Chinese spy’ and Trump: how an affair may have harmed US security

Jensen Huang’s close relationship with president means Nvidia CEO’s affair with woman alleged to be working for Beijing is a big deal A hand on the back, a kiss on the cheek; the footage of Alice Huang’s interaction with Jensen Huang in a Taipei venue last year does not seem particularly remarkable at first glance. But the Nvidia chief executive’s revelation on Sunday that he had an affair with Ms Huang has given it new significance. Continue reading...

The Guardian · 21h ago
Top Democrat demands probe into Jensen Huang’s affair with suspected Chinese spy

Sen. Chris Coons (D-Del.) on Monday called for a probe into reporting that Nvidia CEO Jensen Huang had an affair with an alleged Chinese spy. “I’m pushing to investigate Jensen Huang and Nvidia to determine whether our national security was compromised,” Coons, who is on the Senate Foreign Relations Committee, wrote on social platform X.…

The Hill · 21h ago
Hegseth Has Been 'Disaster' as Secretary of Defense, Says Rep. Stanton

Democrat Representative from Arizona Greg Stanton said that he will vote yes to impeach Secretary of Defense Pete Hegseth and described the secretary's tenure as 'a disaster.' Stanton said that while Democrats are looking to lower costs for the American people, the party also promised midterm voters to 'reestablish checks and balances' in government and this impeachment is in line with that plan. Stanton, who sits on the House China Select Committee, also discussed probes in Nvidia CEO Jensen Huang and said that lawmakers need a classified briefing as soon as possible about what the intelligence community knows about the Huang's affair with an alleged Chinese spy. (Source: Bloomberg)

Bloomberg · 21h ago
The Guardian view on Jensen Huang’s affair: why did Trump ignore the warnings? | Editorial

The AI chip boss’s actions raise urgent questions about corporate influence, national security and the US president’s willingness to listen to intelligence warnings It could be the plot of a spy thriller. One of the most powerful figures in the AI revolution admitted to having an affair with a Chinese businesswomen said to have passed intelligence to Beijing. When Donald Trump was briefed about the Nvidia co-founder Jensen Huang’s liaisons with Alice Huang, he took no action. Perhaps he thought only marriage vows had been broken. Or perhaps Mr Trump was willing to overlook the conduct of a friend who championed his unpopular datacentre expansion, whose company donated to his White House ballroom and who echoed his opposition to AI safeguards against expert advice. Nvidia became the cornerstone of AI by supplying brute computing power. As tech giants scrambled for the firm’s graphics processing units (GPUs), Mr Huang sold the picks and shovels for the AI gold rush – and amassed a $160bn fortune. When China joined the race for tech supremacy, Nvidia’s microchips became a national security issue. In October 2022, the US slapped export controls on GPU sales to China. Thirty months later, Nvidia was effectively banned from selling to Beijing. Mr Huang lobbied for looser controls. Such was his sway with Mr Trump that the White House scrapped Biden-era global AI chip restrictions and then permitted sales of Nvidia’s prized H200 processors to Chinese customers. Continue reading...

The Guardian · 22h ago
Trump Weighs In On America’s Top Chip Boss Caught In Suspected Spy Scandal

President Donald Trump defended Nvidia’s Jensen Huang on Monday and said the FBI was investigating the CEO’s relationship with an alleged Chinese spy. Trump said he called Huang earlier in the day “to see if he’s feeling all right,” following Nvidia’s announcement Sunday night that its board had launched an investigation into national security concerns ...

Daily Wire · 22h ago
China dismisses allegations it used honeypot to ensnare Nvidia’s Jensen Huang

China’s foreign ministry denied that the communist country was involved in an alleged plot to gain access to Nvidia CEO Jensen Huang through a honey trap. Nvidia announced Sunday that it opened an independent investigation into Huang after reports that he was involved romantically with a woman who U.S. intelligence deemed to be a Chinese […]

Washington Examiner · 23h ago