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Trump Defends Nvidia CEO Jensen Huang amid Chinese Spy Allegations

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New Delhi: US President Donald Trump has come to the defence of Nvidia chief executive Jensen Huang amid allegations that the latter had a relationship with a Chinese woman suspected of espionage. Trump said he had spoken to Huang and that the technology executive maintained he was unaware of the woman’s alleged links to Chinese intelligence.

A report by The New York Times last month linked Huang to Alice, a former executive at Singapore-based Megaspeed, who was reportedly identified by US authorities as an alleged Chinese intelligence operative accused of sharing information with Beijing. In an email sent to Nvidia employees on Sunday, Huang acknowledged being unfaithful to his wife and accepted full responsibility for his conduct. The disclosure prompted Nvidia to examine whether its chief executive had been approached or targeted as part of a foreign intelligence operation.

Nvidia shares came under significant pressure on Monday, falling nearly 8 per cent to $171.80 after trading began, following an earlier decline in pre-market activity, the BBC reported. The drop came just weeks after the company’s stock reached a record high in October.

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