Nvidia in turmoil as China denies spying claims
Summary
Nvidia shares fell on Monday after the company said it would investigate allegations involving CEO Jensen Huang and a Chinese businesswoman suspected of spying. A media report alleged she had a close relationship with Huang and passed information to Beijing; China called the spying claims a smear campaign.Key Facts
- Nvidia shares fell on Monday, according to the article.
- Nvidia said it would investigate allegations involving CEO Jensen Huang.
- A media report alleged Huang had a close relationship with a Chinese businesswoman suspected of spying.
- The report alleged the businesswoman passed information to Beijing.
- China rejected the spying allegations and called them a smear campaign.
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