Nvidia defends dealings with Megaspeed amid Chinese spying probe
Nvidia dismissed allegations involving CEO Jensen Huang and a Chinese asset diversion as debunked, while Huang described interactions with Singapore-based Megaspeed International as normal.
Nvidia has dismissed reports alleging that chief executive Jensen Huang was the target of a Chinese asset diversion, stating the claims were investigated and debunked, according to CNBC. The company also pushed back against a report alleging a Chinese executive tied to Huang passed intelligence to Beijing, as reported by The Hill.[3][1]
Huang told Bloomberg News that Nvidia's dealings with Singapore firm Megaspeed International were normal and not unusual. The comments followed a New York Times report indicating that an executive at Megaspeed is under investigation for spying on behalf of China and allegedly passing intelligence to Beijing, a defense further highlighted by Quartz and The Straits Times.[2][5][7][9][4]
The defense comes amid a widening U.S. investigation that could test investor confidence, challenge audit claims, and impact Nvidia's regional partnerships, according to Crypto Briefing.[8]
Key facts
- Nvidia stated that allegations claiming CEO Jensen Huang was the target of a Chinese asset diversion were investigated and debunked.
- Nvidia dismissed a report alleging a Chinese executive tied to Jensen Huang passed intelligence to Beijing.
- Jensen Huang said Nvidia's dealings with Singapore firm Megaspeed International were normal and not unusual.
- A New York Times report revealed that a Megaspeed International executive is under investigation for allegedly spying on behalf of China.
- Crypto Briefing reported that the widening U.S. probe into the Megaspeed dealings could test Nvidia's audit claims and impact regional partnerships.
Sources · 8 sources
- TH
The Hill@thehillPost on X ·
Nvidia dismisses report alleging Chinese executive tied to CEO passed intel to Beijing https://t.co/IuNAIHPnSS
Open source - BL
Bloomberg@businessPost on X ·
Nvidia's Jensen Huang said the company’s dealings with Megaspeed International were “normal and not unusual” following a New York Times report that one of the Singapore firm’s executives is under investigation for spying on behalf of China https://t.co/sOSmTolsWe
Open source - CN
CNBC@CNBCPost on X ·
Nvidia responds to report Jensen Huang was target of Chinese asset, says diversion allegations were 'investigated and debunked' https://t.co/Bkyr2Xui6D
Open source - RE
Reuters@ReutersPost on X ·
Nvidia's Huang says dealings with firm in US spy probe were 'normal', Bloomberg News reports https://t.co/cVoG7CWwUb
Open source - TS
The Straits Times@straits_timesPost on X ·
Nvidia CEO Jensen Huang says ties to company under spying probe were ‘normal’ https://t.co/3cSvoxXrtf
Open source - SI
Solid Intel 📡@solidintel_xPost on X ·
INTEL: Nvidia $NVDA says Jensen Huang's interactions with Megaspeed are not unusual | Per CNBC
Open source - QU
Quartz@qzPost on X ·
Nvidia's CEO calls ties to suspected Chinese spy's firm 'normal' Jensen Huang is defending Nvidia's relationship with Megaspeed International after a report that one of its executives allegedly fed intelligence to Beijing — and gr #Nvidia #MegaspeedInternational #ExportControls https://t.co/chx47F7YiT
Open source - CB
Crypto BriefingArticle ·
Nvidia CEO Jensen Huang defends Megaspeed dealings as US probe widens The investigation could impact Nvidia's regional partnerships and investor confidence, testing the company's audit claims and transparency. The post Nvidia CEO Jensen Huang defends Megaspeed dealings as US probe widens appeared first on Crypto Briefing .
Open source - RE
Reuters@ReutersPost on X ·
Nvidia's Huang says dealings with firm in US spy probe were 'normal', Bloomberg News reports https://t.co/lh7Zrcw3RC
Open source