US memo says China recruited tech exec to spy on Nvidia CEO

A memo circulated earlier this year reportedly claimed that China’s Ministry of State Security recruited a female technology executive to spy on Nvidia's CEO, according to TechCrunch.

The New York Times first reported on the memo, which was reportedly based on US intelligence, stating Nvidia’s CEO had been targeted by Chinese intelligence.

The Financial Times added that the memo claimed the Nvidia CEO had a romantic relationship with the executive, Alice Huang, who works at Singapore-based Megaspeed.

An Nvidia spokesperson told the New York Times that the interactions between Nvidia’s CEO and Alice Huang were “not unusual” and that the company does not share classified information with customers.

The memo also raised concerns about a Chinese company, New Matrix, authorized to buy advanced Nvidia chips, which was found to be a “hollow gray shell” at its listed office, suggesting it could be a front for a blacklisted firm, according to the New York Times.

Nvidia stated it sells most of its technology in America and emphasized the legitimacy of its sales operations.