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Huang Faces Spy Probe
The U.S. Federal Bureau of Investigation is investigating Nvidia CEO Jensen Huang’s ties to a Chinese businesswoman whom U.S. agencies suspect of working for Chinese intelligence. President Donald Trump said Huang assured him that he knew nothing about any intelligence activities she may have been involved in. Nvidia’s board has launched an internal investigation into whether the company’s systems were compromised or information was leaked, while China denied the allegations and called them slander. Nvidia shares fell more than 4%, and shareholders filed a class-action lawsuit accusing the board of concealing material information.
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