China Warns US Against Further Semiconductor Export Controls

China warned the US on Friday against further semiconductor export controls, as controversy escalated around Nvidia and its former chief executive Jensen Huang over alleged links to suspected Chinese espionage. Foreign ministry spokeswoman Mao Ning said Beijing "consistently opposed the abuse of export control measures," which destabilize global supply chains. US lawmakers are moving to question Huang in December, with three House committees requesting a closed-door interview and Senator Tim Scott summoning him and Commerce Secretary Howard Lutnick. Reports allege the Commerce Department may have ignored suspicions that Singapore-based Megaspeed helped reroute restricted Nvidia technology to China, while Huang resigned after confessing to affairs, including with a woman suspected of being a Chinese spy. The scandal has cost Nvidia nearly half a trillion dollars in market value, with CFO Colette Kress serving as interim chief executive. President Donald Trump suggested former Apple boss Tim Cook as a replacement, while Singapore and Malaysia have launched probes into Megaspeed over possible chip diversion.