From The Federal
Owned by New Generation Media Corporation Pvt. Ltd.Is Alice Huang a Chinese spy? US intelligence agencies yet to reach conclusion: Report
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Nvidia shares fell 13% over five days as controversy surrounding CEO Jensen Huang intensified, prompting concern about the impact on equity mutual‑fund portfolios that hold the chip maker’s stock. While the Livemint report notes that several mutual‑fund schemes are exposed to the decline, it does not name the specific funds. The episode coincides with reports of a Chinese firm linked to former executive Alice Huang obtaining banned Nvidia chips, US export curbs threatening over $3 billion of Chinese AI projects that rely on Nvidia processors, and senior Democrats calling for congressional scrutiny of Nvidia and the Trump administration after Huang’s resignation.
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Intelligence gathered so far has not established that the businesswoman acted on Beijing's behalf, with US officials divided over her alleged links to China