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#Megaspeed

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Trump Backed Nvidia Diversion Crackdown, Axios Reports
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Trump Backed Nvidia Diversion Crackdown, Axios Reports

Key Highlights: Commerce disputed a reported confrontation involving Secretary Bessent and Secretary Lutnick. No Megaspeed entry appeared in Commerce’s consolidated screening data or the Federal Register through Nov. 11. Megaspeed says its Nvidia-powered cloud computing business operates within applicable export-control regulations. Commerce Disputes Reported Bessent-Lutnick Conversation The U.S. Commerce Department disputed a reported confrontation involving ...

Nvidia Shares Drop 5% Ahead of High-Stakes Independent Spy Probe
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Nvidia Shares Drop 5% Ahead of High-Stakes Independent Spy Probe

Key Highlights The Nvidia board has initiated an independent external probe into Jensen Huang’s past interactions with a former Megaspeed executive, aiming to maintain transparency and limit board liability. Nvidia faces mounting pressure from a new shareholder class action lawsuit filed by Mark Kistenmacher alongside a Congressional summons for a closed-door briefing on November 18. ...

Nvidia Board Launches Independent Investigation as CEO Jensen Huang Admits to Cheating on His Wife
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Nvidia Board Launches Independent Investigation as CEO Jensen Huang Admits to Cheating on His Wife

Key Highlights: Nvidia CEO Jensen issued an apology to his family, staff, directors, and investors regarding personal misconduct and infidelity. U.S. intelligence agencies are scrutinizing whether confidential information was shared with the Chinese government via an individual named Alice, who is linked to Nvidia cloud customer Megaspeed. House Republican committee chairs have requested a closed-door ...