A businesswoman who had a close relationship with the Nvidia CEO was passing intelligence to Beijing. The US president was briefed and took no action.
US spy agencies had gathered striking intelligence.
A top executive at a Singapore-based data centre company was under scrutiny for possibly steering advanced Nvidia artificial intelligence chips to China. And now US officials had concluded that she was a Chinese intelligence asset, funnelling information to Beijing.
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President purchased up to $5m of stock before revoking Biden-era rule that limited Nvidia’s ability to sell to China
Treasury Secretary Scott Bessent on Friday accused the Commerce Department of a delay in labeling Nvidia customer Megaspeed a possible national security threat, publicly airing an ongoing administration blame game following the ouster of Nvidia CEO Jensen Huang.
The Republican-led Congress wants to see Jensen Huang in Washington before Democrats take control in January.
Nvidia is one the most valuable companies on the planet, but its former boss had 60 direct reports, meaning it wasn't structured to cope with scandals.
Nvidia’s ‘hidden’ emissions are enormous.
The founder’s stunning departure removes Beijing’s biggest advocate in Silicon Valley, accelerates chip stockpiling, and leaves Asian suppliers bracing for what comes next.
