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Nvidia: honeypot may have been aimed at 'lobbying Jensen Huang to lobby the US government'

Nvidia: honeypot may have been aimed at 'lobbying Jensen Huang to lobby the US government'

Summary

Nvidia and Chief Executive Jensen Huang were sued Monday in a proposed class action. The lawsuit accuses them of defrauding shareholders by concealing Huang’s ties to a person suspected of being a Chinese spy. A China expert told FRANCE 24 that the alleged approach may have sought to influence Huang to lobby the U.S. government, but this was presented as his analysis.

Key Facts

  • The proposed class action names Nvidia and CEO Jensen Huang as defendants.
  • The lawsuit accuses the company and Huang of defrauding shareholders.
  • The complaint alleges they concealed Huang’s ties to a person suspected of being a Chinese spy.
  • The report does not establish that Huang had such ties or that the allegations are true.
  • Steve Tsang, director of the SOAS China Institute, discussed the case with FRANCE 24.
  • Tsang suggested the suspected approach may have aimed to get Huang to lobby the U.S. government.
  • Tsang said Huang is a powerful figure and characterized his position on China’s AI development as beneficial to China.
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