China denies allegations of spy operation targeting Nvidia CEO

China has rejected allegations of a Chinese espionage operation targeting Nvidia's chief executive, Jensen Huang, describing the claims as "groundless speculation". US intelligence officials believe that Alice Huang, a Chinese businesswoman linked to Singapore-based data centre firm Megaspeed, was gathering information for Beijing on the US chip-making giant, according to a report by The New York Times , external . The report said Alice Huang, who is of no relation to Jensen Huang, was under investigation over the possible diversion of advanced Nvidia AI chips to China and had developed a close relationship with Jensen. Nvidia said their interactions were routine business engagements, while Beijing accused Washington of attempting to smear China.