China dismisses claim that it plotted to ensnare Nvidia CEO

China’s Ministry of Foreign Affairs on Monday dismissed reports that the country had dispatched a spy to ensnare Jensen Huang, the chief executive of artificial intelligence chipmaker Nvidia, as the company’s stock fell sharply in response to the growing scandal.

China dismisses claim that it plotted to ensnare Nvidia CEO

TL;DR

  • China's Ministry of Foreign Affairs denied reports of a spy operation targeting Nvidia CEO Jensen Huang.
  • Nvidia's stock fell sharply following the reports.
  • The alleged spy operation is connected to a growing scandal.