Nvidia, the world's most valuable chip company, is investigating its own boss, and China says the reasons behind it are false.
The company said on Sunday (8 November) that its board will look into whether CEO Jensen Huang was targeted by a foreign spy effort. The decision came after newspaper reports in the U.S. which said Huang was close to a woman named Alice Huang, who is not related to him. She was a senior employee at a Singapore company that buys Nvidia chips. The reports said U.S. officials believed China's intelligence agency had allegedly recruited her.
No one has been charged with a crime. Huang has said he supports the investigation and will cooperate fully. Nvidia's share price fell about 4 percent on Monday as investors worried about the company's leadership.
China has rejected the claims. Foreign Ministry Spokesperson Guo Jiakun said on Monday there is no evidence behind them. He called them “nothing but smears against China.”
The story matters because Nvidia sits at the heart of the rivalry between the U.S. and China. It makes the advanced chips that power artificial intelligence (AI). The U.S. limits which of these chips can be sold to China, and American authorities have also looked into whether the Singapore company helped Chinese firms get around those limits.
Huang has often argued that the restrictions should be eased, and President Donald Trump has defended him.
The timing is also worth noting. The news came a day after China extended its pause on extra tariffs on U.S. goods. That suggests both sides want to keep their trade truce on track, even though technology remains a sensitive issue.
For now, Nvidia says it will carry on as normal. One analyst said the investigation does not change the view that the company is still two to three years ahead of China in AI chips.
What the investigation finds will be closely watched in both Washington and Beijing.
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At least 17 people have been reported killed in an explosion at a steel plant in western Türkiye, after a crane collapsed during maintenance work. The disaster has prompted a criminal investigation into what went wrong at the industrial facility.
Russia and Ukraine are set to return to Abu Dhabi on Tuesday for a fourth round of U.S.-brokered peace talks, with European participation, security guarantees and territorial disputes expected to shape the negotiations.
Nvidia has launched an independent investigation into whether its chief executive, Jensen Huang, was targeted in a foreign intelligence operation, following allegations that a businesswoman with whom he had a relationship passed information to Beijing.
U.S. envoy Jared Kushner said Washington believes the Russian President is prepared to reach a peace agreement under the right conditions, as U.S., Russian and Ukrainian delegations began trilateral talks in Abu Dhabi on Tuesday 10 November.
Spain’s government has approved a package of rail safety measures after train drivers went on strike on Tuesday to demand more investment in maintenance, following the country’s second deadly rail crash this year.
Russia has declared a Moldovan diplomat at the country’s embassy in Moscow undesirable, in retaliation for a similar move by Moldova last month, the Russian Foreign Ministry said on Tuesday (10 November).
A senior U.S. Army soldier has been arrested in Britain on suspicion of assisting Russian intelligence, British police said on Tuesday (10 November), a day after the United States moved aircraft out of a British air base over an apparent threat from Iran.
Reciprocal visits underline the “one nation, two states” alliance, with both leaders describing their bond as unshakable.
Emissions cuts and climate finance took centre stage on the second day of COP31 in Türkiye on Tuesday, as developing nations pushed for greater financial support from wealthier countries.
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