“The Big Money Show” panel discusses the Chinese espionage threat targeting tech companies amid a report of a spy plot targeting Nvidia CEO Jensen Huang and the country’s struggling economy.
House Republicans are demanding answers from Nvidia CEO Jensen Huang over his alleged relationship with a Chinese intelligence agent, intensifying scrutiny over whether Beijing gained access to sensitive U.S. technology through the chip giant’s business ties.
The request followed a New York Times report that Alice Huang, a Chinese citizen and Megaspeed executive, had collected information for Beijing and developed a close relationship with Jensen Huang.
The Times reported that President Donald Trump was informed of the intelligence findings about a year ago but chose not to act.
SUSPECTED CHINESE INTELLIGENCE ASSET GAINED ACCESS TO NVIDIA CEO JENSEN HUANG: REPORT
Jensen Huang, Chairman and CEO of NVIDIA, delivers a speech to business leaders at the APEC CEO Summit on October 31, 2025 in Gyeongju, South Korea. (Ezra Acayan/Getty Images / Getty Images)
The letter, dated Wednesday and released Thursday, said recent reports raise national security concerns about China’s access to sensitive U.S. technology and information.
Lawmakers are seeking details about Jensen Huang’s interactions with Alice Huang and Nvidia’s security protocols against foreign espionage.
The letter was signed by House Foreign Affairs Committee Chairman Brian Mast, R-Fla.; John Moolenaar, R-Mich., chairman of the Select Committee on China; and House Intelligence Committee Chairman Rick Crawford, R-Ark. They invited Huang to a joint in-person briefing on Nov. 18, a day after Nvidia is scheduled to report third-quarter results.
“China’s access to this sensitive U.S. technology is central to the investigative work of our three committees in this Congress,” the lawmakers wrote, adding that Congress must determine whether U.S. national security was threatened.
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Chinese President Xi Jinping (R) and U.S. President Donald Trump visit the Temple of Heaven May 14, 2026 in Beijing, China. (Brendan Smialowski – Piscine/Getty Images / Getty Images)
It is unclear whether Huang will attend. Nvidia did not immediately respond to FOX Business’ request for comment.
The Times reported that U.S. officials initially did not believe that Jensen Huang knew that Alice Huang was collecting intelligence for China. It remains unclear whether this assessment has changed. Huang did not receive a defensive briefing from the government, according to the Times.
The scrutiny comes as Jensen Huang has been pressuring the Trump administration to ease restrictions on Nvidia chip sales to China.
Earlier this year, Huang joined Trump’s trade delegation to meet with Chinese President Xi Jinping. He was reportedly added to the trip at the last minute and secured a seat aboard Air Force One, highlighting Nvidia’s role in U.S.-China trade and technology negotiations.
The delegation brought together executives from major U.S. companies with deep ties to China, including Apple CEO Tim Cook, Tesla and SpaceX CEO Elon Musk, Micron CEO Sanjay Mehrotra and Meta’s Dina Powell McCormick. Financial executives Stephen Schwarzman of Blackstone, Larry Fink of BlackRock, Jane Fraser of Citigroup and David Solomon of Goldman Sachs also joined the trip.
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Graphic features top CEOs attending a high-profile meeting with President Donald Trump and Chinese officials. (Official White House Photo by Daniel Torok/Fox News)
Many of the executives are among the richest business leaders in the world. Musk is the richest person in the world, according to the Bloomberg Billionaires Index, while Schwarzman and Huang have fortunes in the tens of billions.
Together, their companies represent billions of dollars in corporate power and rely on Chinese consumers, manufacturing and supply chains, even as Washington and Beijing clash over trade, technology and national security.
US authorities suspect that some chips acquired by Megaspeed may have been smuggled into China.
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