
Shareholders file class-action lawsuit over relationship between CEO Huang and a woman suspected of being an operative; Trump also reportedly received the report
AI-generated summary
Nvidia has voluntarily suspended shipments for MegaSpeed since June last year. It has been reported that since 2023, at least $7.5 billion (approximately 1.2 trillion yen) worth of Nvidia semiconductors have gone to Chinese companies. The U.S. State Department, Treasury Department, and Department of Defense had asked for MegaSpeed to be added to the export control list, but the Commerce Department has delayed adding it for the past two months.
On the 10th, the British newspaper Financial Times reported that the US Department of Commerce had given up on a Singaporean company suspected of smuggling products from US semiconductor giant Nvidia into China, despite requests from the State Department and others to add it to the export control list. A woman who is believed to be an agent of Chinese intelligence, with whom Nvidia CEO Huang admitted to having an affair, was serving as an executive.
Shareholders file class action lawsuit against Nvidia over spying allegations
The company suspected of smuggling is Megaspeed. According to reports, the State Department, the Treasury Department, the Department of Defense, and others had requested that the product be added to the export control list to prevent technology leaks. But the Commerce Department has been delaying the addition for the past two months. Megaspeed is still not included in the list. Nvidia has voluntarily suspended shipments for MegaSpeed since June last year.
Meanwhile, the New York Times reported on the 10th that President Trump received a report about Huang's relationship with a woman in May while on a flight to Beijing for the US-China summit. Secretary of State Rubio reportedly gave an explanation. Mr. Huang was accompanying the delegation as part of the delegation.
Trump claimed on the 9th that he "didn't know" at the time. He said it was "not that long ago" that he became aware of the problem.
According to The Information, an American IT media outlet, since 2023, at least $7.5 billion (approximately 1.2 trillion yen) worth of Nvidia semiconductors have gone to Chinese companies. The woman, who is believed to be an agent, had built a corporate network with her husband that spanned China and Singapore in order to procure the company's semiconductors.
AI outlook — possibilities, not facts
US Department of Commerce adds MegaSpeed to export control list
Likely · Within weeks
Shareholder class action lawsuit against NVIDIA progresses
Very likely · Within months

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