US dropped smuggling probe into Nvidia CEO's partner's firm after company intervention

firstpost.com —

The US Commerce Department dropped a smuggling investigation into Megaspeed, a company run by Nvidia CEO Jensen Huang's romantic partner, after Nvidia intervened, according to a report. The probe had suspected illegal AI chip exports to China. The case was transferred to the Department of Justice shortly after Nvidia's intervention, per The New York Times. US intelligence had investigated Alice Huang since 2024, suspecting her of being a Chinese spy and routing advanced Nvidia chips to China via Malaysia-based Megaspeed. President Donald Trump exonerated Jensen Huang on Monday, saying he believed the CEO was unaware of his partner's activities. Nvidia's stock fell 4.27 percent following the affair admission, and the company's board has launched its own investigation.


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