From The Times of India
Owned by Bennett, Coleman & Co.Chinese 'spy' Alice Huang's firms invested in DeepSeek, promised Nvidia's Blackwell chips
What's behind this
Nvidia’s shares dropped about 13% over five days after CEO Jensen Huang resigned amid controversy, wiping roughly $800 billion from its market value. The fall has put mutual‑fund investors in the US chip maker under pressure, with several equity schemes holding the stock, though the excerpts do not name the specific funds. The controversy involves allegations against Jensen Huang and his relative Alice Huang, who has been barred from re‑entering Singapore and is under investigation for alleged misleading of authorities after her firms invested in DeepSeek to secure Nvidia’s Blackwell AI chips. The situation highlights the impact on fund portfolios.
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RSS excerpt
Alice Huang, associated with Nvidia CEO Jensen Huang, has drawn scrutiny over her data centre ventures. Companies linked to her invested in DeepSeek to secure Nvidia's Blackwell chips, which are crucial for AI operations. In Singapore, she is under investigation for allegedly misleading authorities…