The Commerce Department received a classified memo concerning Nvidia CEO Jensen Huang's relationship with Alice Huang, suspected of being a Chinese spy. This warning raises questions about the department's assessment of security risks related to Nvidia's chip sales to Chinese companies. Secretary of State Marco Rubio oversaw the memo's drafting, which was based on surveillance and an investigation into chip smuggling. Lawmakers from both parties are now calling for investigations into the approvals granted to these companies.
Key facts
- Commerce Secretary Howard Lutnick received a classified memo about Jensen Huang's relationship.
- The memo raised security concerns regarding Nvidia's chip sales to China-affiliated entities.
- Secretary of State Marco Rubio oversaw the memo's drafting based on surveillance.
- Nvidia faced significant market value losses since the relationship was reported.
- Lawmakers are demanding investigations into the chip approvals and Huang's connections.
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