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China’s Foreign Ministry dismissed the foreign spying probe involving Nvidia CEO Jensen Huang, calling the so-called Chinese spy narrative “completely unsubstantiated.” The statement, relayed via First Squawk, pushes back on scrutiny of Huang’s foreign ties as Nvidia remains central to global AI chip supply. The dispute matters because Nvidia’s China exposure and export-control tensions are already a key overhang for the stock. Watch for any formal response from Nvidia or U.S. lawmakers, and whether the issue resurfaces in chip-policy debates.

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Jensen Huang, Nvidia (NVDA), China Foreign Ministry

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