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Nvidia in turmoil as China denies spying claims

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Nvidia in turmoil as China denies spying claims

Nvidia shares tumbled this Monday after the AI chipmaking giant said it would investigate its CEO's affair with a suspected Chinese spy.

There are concerns Jensen Huang was targeted by a foreign intelligence effort following a media report that he had a close relationship with a Chinese businesswoman who allegedly passed information to Beijing.

China, meanwhile, has slammed the spying allegations as a "smear campaign".