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US Congress summons former Nvidia CEO over ties to alleged Chinese spy

TechnologyInternationalSWI swissinfo.chAI summary
Image: SWI swissinfo.ch

Jensen Huang, former CEO of Nvidia, was summoned to testify on December 3 before the US Senate Banking Committee, alongside Commerce Secretary Howard Lutnick, to explain his relationship with an alleged Chinese spy that forced his resignation. Three House committees also requested a closed-door interview with him. The case has wiped nearly half a trillion dollars off Nvidia's market capitalization. CFO Colette Kress took over the role on an interim basis.

In 40 seconds

  • Republican Senator Tim Scott requested the appearance of Jensen Huang and Commerce Secretary Howard Lutnick before the Senate Banking Committee on December 3.
  • Three House committees sought a closed-door interview with Huang, under threat of a subpoena.
  • The case has wiped nearly half a trillion dollars off Nvidia's market capitalization and plunged the AI industry into uncertainty.
Read the full story at SWI swissinfo.ch

IASummary generated by artificial intelligence from a story by SWI swissinfo.ch. It may contain errors: the original source prevails.

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