China rejects espionage claims targeting Nvidia CEO Jensen Huang

China has rejected allegations that it mounted an espionage operation targeting Nvidia CEO Jensen Huang, calling the claims baseless and a smear. Nvidia’s board has opened an investigation into media reports that a former business executive, whom U.S. authorities reportedly suspect of gathering information for Beijing, was involved; Huang has agreed to cooperate. Huang has acknowledged being unfaithful but has not publicly identified the person involved. The allegations have also renewed scrutiny of Nvidia chip sales to China and a company linked to the executive, though Nvidia’s board said it had no reason to believe national security or company secrets had been compromised.