Nvidia ‘honeytrap’ scandal rocks AI industry as tech stocks recover from slump – business live

Rolling coverage of the latest economic and financial news Nvidia opens investigation after report CEO Jensen Huang was target of foreign intelligence A Chinese state-run newspaper has denied that Beijing had any link to Nvidia CEO Jensen Huang’s extramarital affair. The Global T

Rolling coverage of the latest economic and financial news Nvidia opens investigation after report CEO Jensen Huang was target of foreign intelligence A Chinese state-run newspaper has denied that Beijing had any link to Nvidia CEO Jensen Huang’s extramarital affair. The Global Times , a nationalist tabloid, said American outlets, in particular the New York Times, were “going crazy” with speculative stories. “All it took were a few photographs showing Asian faces and Nvidia’s previous efforts to push for relaxing trade curbs on China.

“This is precisely how American media, which have long styled themselves as ‘objective,’ manufacture stories.” Asian equity markets are rallying this morning after Wall Street’s rebound on Friday, although concerns surrounding an internal investigation involving Nvidia CEO Jensen Huang are capping gains. The company is down around -3.5% on platforms that provide weekend prices. Continue reading...