What really stings about Huang’s situation isn’t the affair—it’s that Washington has finally got a ready-made excuse～
According to The New York Times, U.S. intelligence officials suspect that a businesswoman surnamed Huang was involved in collecting intelligence for Beijing. She was formerly an executive at Megaspeed, a company that bought $4.8 billion worth of Nvidia chips over two years. It was registered in Singapore and bypassed export restrictions on sales to China. Three congressional committees have already asked Huang to give a closed-door briefing on the 18th of this month.
The board says there’s “no reason to believe confidential information was leaked,”
but an independent investigation is already underway.
Trump called him “a good man,” but that kind of endorsement won’t count for much before Congress～
The real issue has nothing to do with morality. What they mainly want to know is who Nvidia’s chips are being sold to and whose hands they pass through. Every link in that chain is now going to be scrutinized under a magnifying glass.
Huang used to be able to lobby in Washington for looser restrictions. Now he first has to clear himself of any wrongdoing in the briefing room. Export controls are only going to get tighter～
Personally, I think those of you trading $NVDA should hold off on jumping in for now. Not because of the gossip, but because those people have finally got an excuse to push ahead with a review without having to make one up～
#黄仁勋因婚外情致歉，英伟达启动独立调查
According to The New York Times, U.S. intelligence officials suspect that a businesswoman surnamed Huang was involved in collecting intelligence for Beijing. She was formerly an executive at Megaspeed, a company that bought $4.8 billion worth of Nvidia chips over two years. It was registered in Singapore and bypassed export restrictions on sales to China. Three congressional committees have already asked Huang to give a closed-door briefing on the 18th of this month.
The board says there’s “no reason to believe confidential information was leaked,”
but an independent investigation is already underway.
Trump called him “a good man,” but that kind of endorsement won’t count for much before Congress～
The real issue has nothing to do with morality. What they mainly want to know is who Nvidia’s chips are being sold to and whose hands they pass through. Every link in that chain is now going to be scrutinized under a magnifying glass.
Huang used to be able to lobby in Washington for looser restrictions. Now he first has to clear himself of any wrongdoing in the briefing room. Export controls are only going to get tighter～
Personally, I think those of you trading $NVDA should hold off on jumping in for now. Not because of the gossip, but because those people have finally got an excuse to push ahead with a review without having to make one up～
#黄仁勋因婚外情致歉，英伟达启动独立调查
