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Summary of article:
After Huida CEO Huang Renxun admitted that he had close ties to Chinese spy Huang Le, both parties in Congress and Huida’s board of directors together launched a robust review and asked him to go to a closed-door meeting on November 18 to explain.
Lawmakers from both parties are increasing pressure on Congress to target Nvidia.Huida (Another translation from NVIDIA) CEOJen-Hsun Huang An investigation into ties to Chinese spy Alice Huang was launched. Huang Zhenxun admitted in a memo to Huida employees on the 8th that she had an intimate relationship with Huang Le, but this extramarital affair was not mentioned in the statement issued by the board of directors. The board of directors said Huang fully supports the investigation and is committed to fully cooperating.
CNBC reported that Huida’s board of directors announced on the 8th that it will launch an independent investigation into the relationship between Huang Renxun and Huang Le. Huang Le is a Chinese national and senior executive of MegaSpeed, a technology company headquartered in Singapore. The United States has long suspected that the company helped China avoid a ban on the sale of artificial intelligence (AI) chips.
Huida’s board of directors said in a statement: “Although the Board has no reason to believe that national security or Huida secrets have been leaked, the Board’s investigation will review all available information.” Huida’s statement to CNBC said: “Today’s news will not affect Huida’s normal operations. Huang Renxun will continue to lead Huida as CEO without any interference.”
Lawmakers are demanding an investigation into the relationship and have questioned how much the Trump administration knew about it. The three House Republican committee chairmen sent a letter to Huang on the 4th, requesting him to participate in a closed-door briefing meeting with members of Congress on November 18, the day Huida was scheduled to release its third quarter financial results. “Recent reports raise significant national security concerns regarding the People’s Republic of China’s access to sensitive U.S. technology and information,” the Republican lawmakers wrote in a letter to Huang.
The New York Times first reported on the 6th that policy-making officials in the Trump administration received a memo last spring containing intelligence indicating that Huang Le was recruited by China’s Ministry of State Security and disclosed her relationship with Jen-Hsun Huang. The New York Times reported on the 8th, citing people who were briefed on the matter, that Secretary of State Marco Rubio supervised the production of the memo. The State Department and the White House did not immediately respond to CNBC’s requests for comment.
When The New York Times asked whether Huang would attend a congressional hearing or meeting to explain the related events, Huida spokesman John Rizzo declined to comment. Rizzo issued a statement to The New York Times saying that “Our CEO has an excellent security team that will accompany him on various occasions if necessary.” Huang’s conversation with Huang Le was no different from his usual meetings with other Huida customers.
Summary FAQ
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Because lawmakers from both parties believe the relationship could involve China’s access to sensitive US technology and information, it has also raised concerns about national security risks, the level of government knowledge and whether Huida is influenced.
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The Board of Directors has announced an independent investigation and stated that although there is no reason to believe that national security or secrets have been leaked, it will review all available information; It also emphasized that Huang Renxun will continue to lead the company.
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Just before the release of Huida’s third quarter financial results, three House Republican committee chairmen sent letters requesting his attendance, indicating that Congress wanted him to brief on relevant reports and national security concerns.
