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China again calls Jensen Huang spy claim a smear, sidesteps question on 600,000 Nvidia (NVDA) chips

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Source: AIStockWire

Key points What China's Foreign Ministry said on Monday China's response doesn't address Jensen Huang's affair China refers Nvidia chip questions to other authorities China's Foreign Ministry on Monday repeated its denial of a reported spy allegation involving Nvidia (NVDA) chief executive Jensen Huang, calling it a smear against China. The ministry had rejected the allegation on October 30. Nvidia shares were down 5.0% at $177.32 in premarket trading at 7:49 a.m. ET on November 9, from a $186.64 close on Friday, November 6. US officials suspected Alice Huang, a former executive at Nvidia customer Megaspeed, of gathering information for Beijing, The New York Times reported on October 29. At Monday's regular briefing, AFP asked about Nvidia's board investigation and Huang's acknowledged affair, and NBC asked a similar question. Spokesperson Guo Jiakun answered, "We responded to that last week.

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