China rejects report of spy plot targeting Nvidia's Jensen Huang

Nvidia denied allegations of espionage involving CEO Jensen Huang and a Chinese executive, asserting that their interactions are normal. China dismissed the claims as unfounded speculation. Reports indicated that a senior Chinese executive was under scrutiny for potentially relaying information to Beijing. Nvidia emphasized that their regional cloud customers receive only standard business information, not sensitive data. The ongoing US-China tech rivalry continues to escalate, particularly in AI, with export restrictions on advanced chips being a focal point. Upcoming meetings between US and Chinese leaders are expected to address these tech concerns.