Federal officials are examining whether Nvidia chief Jensen Huang improperly shared privileged corporate data or favored Chinese interests following reports of his ties to Megaspeed executive Alice Huang. The House Select Committee on China cautioned that Nvidia's newly launched internal investigation must not serve merely as a public relations maneuver. Meanwhile, bipartisan leaders are mobilizing multiple congressional committees to examine the full scope of potential technological exposure.
Key points
Congress is actively probing whether Nvidia leadership granted China preferential access…: Congress is actively probing whether Nvidia leadership granted China preferential access to advanced semiconductor hardware.
Lawmakers suspect foreign intelligence assets may have attempted to steer corporate lobby…: Lawmakers suspect foreign intelligence assets may have attempted to steer corporate lobbying against federal chip sales restrictions.
Bipartisan pressure is mounting on the executive to testify directly before House intelli…: Bipartisan pressure is mounting on the executive to testify directly before House intelligence, foreign affairs, and China committees.
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Rep. John Moolenaar, R-Mich., said on a Tuesday appearance on CNBC's "Squawk Box" that Congress needs to "get to the bottom" of Nvidia CEO Jensen Huang's affair with an alleged Chinese spy.
Moolenaar, who chairs the House Permanent Select Committee on China, said he wants to know whether Huang shared privileged information with a Chinese spy; whether Huang was influenced to lobby against preventing chip sales to China; and whether China was given preference in purchasing Nvidia's limited supply of advanced chips.
And he urged a thorough internal investigation of Huang.
"If it becomes less of an investigation, more of damage control, that's not going to work because people have to have confidence," Moolenaar said.
"We're dealing with the country, the Chinese Communist Party that is a foremost adversary, that's funding wars and supporting Russia, supporting Iran, North Korea," he said. "And we have basically a Cold War race with technology. We cannot allow the premier company at the forefront of this to, in some way, be irresponsible."
Congressional scrutiny of Huang's affair has intensified since members returned to Washington…
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