Results for “huang affair”

What does Jensen Huang’s affair with a suspected Chinese spy mean for US security? It’s up to Congress to investigate where Huang’s dishonesty ends, Dave Lee says. (Source: Bloomberg)

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 […]

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…

Huang faces a board probe as investors fret over Nvidia’s lack of a clear successor.

Jensen Huang's affair with a suspected Chinese spy has shone a light on Megaspeed, the company she worked for. It is under investigation in the US for smuggling Nvidia chips into China, which it denies.

Nvidia CEO Jensen Huang is facing an investigation by his company's board after his affair with an alleged Chinese spy. Meanwhile, President Trump defended Huang amid questions over how much the White House knew about the affair. Jo Ling Kent reports.

Plus, Anthropic to seek $1.3 trillion valuation in IPO

Nvidia’s stock still seems like a good bet — if the AI trade holds up. And that’s a big ‘if.’

Analysts and investors are asking whether the chipmaker needs to consider a successor to Jensen Huang, its C.E.O., as the company is engulfed in a spy scandal.

Moolenaar is the chairman of the Select Committee on China.

The scandal suggests the CCP is intensifying its efforts to compete with the United States in artificial intelligence.

The news of Huang’s affair bombshelled on Sunday, and the market reacted viscerally on Monday.

Nvidia CEO Jensen Huang is facing fresh turmoil after shareholders sued him and his company for allegedly misleading them over his affair with an accused Chinese spy​.

Plus: Washington probes Waymo over school-bus safety and U.S. balks at China’s demand for tightly scripted Trump-Xi-Putin summit.

Trump backs Nvidia’s Jensen Huang as the DOJ investigates his relationship with an alleged Chinese spy.

Don’t make your CEO your mascot, unless you’re really truly sure

The allegations against Jensen Huang have brought new attention to the Nvidia CEO's potential influence over U.S. policy on chip sales to China.

Trump says the FBI is looking into Nvidia CEO Jensen Huang's affair with suspected Chinese spy Alice Huang as lawmakers request a Nov. 18 briefing.

Plus, the key-man risk at Nvidia following the company board’s probe into CEO Jensen Huang.

Plus, Nvidia CEO Jensen Huang apologizes to employees and family, and Hong Kong activist Joshua Wong gets more prison time, for foreign collusion.

President Trump says FBI is "looking into" Huang while class action suit emerges

PRESS REVIEW – Tuesday, November 10: French Olympic judo champion Teddy Riner announces he will run for president in next year's French elections. But how serious is his bid? Also, a new government directive in France says schoolchildren must participate in Remembrance Day commemorations – but the unions are not happy. British comedian Russell Brand is sentenced to 10 years in prison for rape and sexual assault. Finally, we bring you the best of the memes on Nvidia's Jensen Huang.

Plus, California voters reject an unprecedented tax on billionaires, and parents are suing schools because their kids got bad grades.

Jensen Huang spent decades building Nvidia. Now, he’s embroiled in a scandal after admitting to an affair with a woman who US intelligence reportedly suspect was spying for China, throwing into turmoil a company at the center of the US-China AI chip battle. (Source: Bloomberg)

Everything you need to know before you reach the office this morning.

Nvidia’s C.E.O., Jensen Huang, admitted to having an affair with a suspected Chinese corporate spy. Everything that means for him and the A.I. industry, and what happens next.

Bloomberg understands Nvidia’s general counsel intervened in a US government probe of suspected smuggling of AI chips by Megaspeed International, questioning whether the Trump administration played a role in detaining an executive from the Singapore-based firm who’s now at the heart of a scandal threatening Jensen Huang. 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. President Donald Trump said further strikes on Iran wouldn’t be necessary but the US remains “locked and loaded,” an indication that he’s winding down the conflict after Republicans’ midterm elections loss underscored its deep unpopularity. Guests: Greg Peters, PGIM Credit Co-CIO; Karen Ward, JPMorgan Asset Mgmt EMEA Chief Market Strategist; Kjerstin Braathen, DNB CEO; Ian James, Jaguar TCS Racing Team (Source: Bloomberg)

A more restrained chief would suit the chip giant well for the next phase of the AI boom.

A political backlash against AI and data centers — now compounded by a crisis facing the technology's most influential champion — could help force a slowdown that industry leaders have struggled to achieve voluntarily. Why it matters: Tapping the brakes on AI development — which frontier AI developers claim to want but have so far failed to do given the risk of offering an advantage to a competitor — could give society more time to prepare for economic upheaval and the risks of superintelligent systems. A wave of Democratic victories and data center moratoriums are now joined by a potentially weakened Nvidia CEO Jensen Huang, who admitted to having a relationship with an alleged Chinese spy. Huang, who has led the industry in barreling through past resistance to AI acceleration, may be less able to do so while under a microscope. While both factors could stymie data center expansion in the U.S., it's far from clear that would slow AI's advance. Between the lines: Huang has been a powerful counterweight to calls for AI restraint, dismissing fears of an AI bubble or purported catastrophic risks to humanity from the technology. An investigation — by the board, an ascendant Democratic congress or federal authorities — could curb his ability to make the case for continued expansion, leaving an opening for those calling for more restrictions. Nvidia says Huang will remain CEO and the news won't slow the company, but the potential impact on his political influence is hard to measure. The potential impact extends beyond that as well. Nvidia is both the dominant supplier of AI chips and an investor in companies building AI infrastructure. A crisis that raises questions about its leadership, business practices or financial relationships could ripple through the industry's expansion plans. The intrigue: Anthropic CEO Dario Amodei, OpenAI CEO Sam Altman and Elon Musk have all warned about the potentially catastrophic risks of advanced AI, with all expressing, at times, the need

Also: All the news and watercooler chat from Fortune.

Data: FactSet; Chart: Matt Phillips/Axios The AI trade has regained momentum despite — or maybe because of — Nvidia's struggles following the weekend revelations from CEO Jensen Huang. The big picture: Monday's sudden burst of exuberance for AI was the latest wide swing for a market upended by last week's "blue tsunami" in the midterm elections and the threat they could pose to the data center boom. By the numbers: The Nasdaq 100 index of large-cap technology shares soared 3.4%, its biggest daily jump since late March and its second-best showing of the year. Zoom in: Stocks romped across the AI ecosystem — well, with one important exception. Pick-and-shovel plays such as engineering and construction companies, and makers of data center inputs like fiberoptic cables, servers and data storage devices soared. The companies that build and lease out data center computing power, known as neoclouds, also jumped. (Those companies had been at the epicenter of recent jitters about financing for the AI boom.) Hyperscalers rose, paced by Meta, which notched a gain of 5.1%. Semiconductors roared, with the SOX index posting its best gain — 6.9% — since late July. Yes, but: The glaring exception to the AI-palooza was its best-known player, Nvidia. Weekend revelations from CEO Jensen Huang — who acknowledged having an affair with a woman suspected of connections to Chinese intelligence — left investors grappling with uncertainty about the CEO's future. The intrigue: Some investors may see Nvidia's pain as potential gain for rivals. Broadcom jumped 8.8%, its best day in nearly a year. Advanced Micro Devices soared 13.3%, benefiting also from an upgrade to "Outperform" — effectively, a "buy" recommendation — from Oppenheimer analysts on Sunday. Context: Bullish commentary from Wall Street established the background music for Monday's big bounce, as analysts urged investors to buy into the market's recent soft patch. "We believe stocks are now clearly in oversold territory," Goldman S

Governance experts question whether the board, which is investigating Mr. Huang’s conduct, has been too deferential as he has turned Nvidia into a global giant.

Fallout continues at the chip giant Nvidia. Its powerful CEO is accused of having an affair with a Chinese spy.

NPR's Steve Inskeep speaks with Democratic Congressman Jim Himes of Connecticut, the top Democrat on the House Intelligence Committee, about the scandal surrounding Nvidia CEO Jensen Huang.

Investors continue to weigh the potential fallout from CEO Jensen Huang's affair with an alleged Chinese spy.

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)

Legal action comes as Donald Trump says FBI is investigating tech company CEO’s links with Alice Huang Business live – latest updates Nvidia’s board needs to do some succession planning – sharpish Nvidia and its chief executive, Jensen Huang, have been accused of defrauding shareholders in a lawsuit over the Chinese spying scandal engulfing the $4.3tn (£3.2tn) company. The legal action came as Donald Trump said the FBI was investigating Huang’s affair with an alleged Chinese spy. Continue reading...

The Buffalo Bills used a late flurry to overcome the Minnesota Vikings 23-6. The Bills took a 13-6 lead into the fourth quarter after a dour affair saw the sides separated by Keleki Latu's second-quarter touchdown.

The Nvidia CEO has lobbied to sell advanced chips to China. Now, he’s admitted to an affair with a woman U.S. officials believe is a Chinese spy.

Huang, who is now being investigated over an affair with an alleged Chinese spy, is far more important to the future of the world order than other tech bosses.

The internet is having a field day with Nvidia's Jensen Huang's alleged honeypot scandal.

The Nvidia CEO, who has acknowledged an affair with a woman accused of spying for China, has lobbied President Trump on loosening export controls.

BYU continues its four-game homestand Tuesday night when Queens comes to the Marriott Center in what could be a high-scoring affair. The Cougs are averaging 101 points per game through two games, and Queens has scored 96+ in two of its three games while allowing at least 95 in all three. The game tips off […]

NVIDIA CEO Jensen Huang has admitted to an extramarital affair with a woman U.S.

Nvidia CEO Jensen Huang has admitted to having an affair with a woman accused of operating as a spy for China. President Trump told reporters Monday that Huang said he had no idea about the accusations. Henry Chandonnet, a senior reporter for Business Insider, joins "The Daily Report" to discuss.

A false denial, a chairman-less board and no named successor highlight how Nvidia’s board does things CEO Jensen Huang’s way.

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...

US president says he believes CEO Jensen Huang had no knowledge of woman's alleged work for Chinese intelligence.