“Serious concerns about our national security”: Jensen Huang, ex-CEO of Nvidia, summoned before the Senate after his extra-marital scandal
The US Senate summoned Jensen Huang after the scandal over his relationship with an alleged Chinese spy. The Secretary of State for Commerce, Howard Lutnick, also indicated that he would speak to elected officials…
The Nvidia affair takes a political turn. After his resignation from the company, where he controlled almost everything, Jensen Huang will have to explain himself to the American Senate. A Republican senator confirmed this Friday morning, citing “serious concerns about our national security.”
The now former boss of the electronic chip giant has been in turmoil since the start of the week. Revelations of extra-marital affairs weakened him, to the point of having to leave the company whose valuation he multiplied by 4,000.
He is mainly accused of having maintained a relationship with an executive from Megaspeed, a Singaporean company client of Nvidia, who is ultimately suspected of being a spy acting on behalf of China. After this scandal, Colette Kress, financial director since 2013, took over a rocking boat. This Thursday, Nvidia shares fell more than 10%, erasing more than $450 billion in market capitalization.
A lack of government transparency? But beyond the economic consequences, the political and security question now arises. This Friday, the Senate summoned the deposed man to a hearing to question him about the risks of this relationship.
“Recent information raises serious concerns about our national security and the protection of sensitive American technologies. I request that the CEO of NVIDIA, Jensen Huang, and the Secretary of Commerce, Howard Lutnick, testify before the Senate Banking Committee,” indicated the chairman of this parliamentary committee, Tim Scott, on the X platform. This Thursday, Howard Lutnick had already indicated that he would speak before the body.
In particular, he wanted to respond to concerns about a potential lack of transparency from the government, responsible for evaluating companies on risks to national security. The Trump administration recently authorized Nvidia to resume deliveries of advanced chips to China.
Machine-translated from French
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- BFM Business13 Nov, 07:31
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