Congress: “Did you allow a Chinese operative to penetrate Nvidia's defenses?”

Jensen: “Define penetrate.”

For far too long, Michael Burry has been nonstop warning us that Nvidia was at the center of the biggest financial circle jerk in history.

Turns out, he might've been right afterall.

Because while our little office drummer was honed in on Nvidia's suspiciously circular AI investments…

Jensen was apparently getting his Huang tangled up in an entirely different international reach-around.

One involves billions of dollars changing hands. The other involves a LOT of questions about what exactly changed hands.

According to explosive reporting from The New York Times, U.S. intelligence officials concluded that a Chinese tech executive named Alice Huang had been recruited by China's top intelligence agency.

Her alleged assignment? Get Jensen's Huang to spill his load Get Nvidia's billionaire CEO to spill sensitive information.

And the two reportedly had a relationship close enough that Secretary of State Marco Rubio personally oversaw the drafting of a HIGHLY CLASSIFIED memo warning senior Trump administration officials about the situation.

From negotiating international peace treaties to investigating Jensen's international booty calls. Is there ANYTHING this man doesn't do? The meme continues to age like fine wine.

Now, Nvidia insists nothing inappropriate happened, no sensitive information was shared, and Jensen's interactions with Alice Huang were perfectly ordinary customer meetings.

But Washington isn't exactly buying the whole "nothing to see here" routine.

Three Republican House committee chairs have formally requested that Huang appear for a CLOSED-DOOR congressional briefing on November 18.

Which, in a spectacular display of terrible calendar management, happens to be ONE DAY after Nvidia's scheduled third-quarter earnings report.

Tuesday: Explain $50 billion in AI chip sales.

Wednesday: Convince Congress you weren't balls-deep in a Chinese intelligence honeypot.

And the deeper you dig into this story, the more ridiculous it gets.

See, contrary to popular belief, Alice Huang wasn't some long lost relative who happened to bump into Jensen at an AI conference.

She was a senior executive at Megaspeed, a Singapore-based tech company that reportedly purchased $2 BILLION worth of Nvidia products.

That's a whole lot of GPUs for a company with what investigators described as little more than a storefront office.

I've seen fake businesses in Grand Theft Auto with more convincing infrastructure.

Megaspeed has been under U.S. scrutiny over suspicions that it helped China circumvent American restrictions on advanced AI chip exports.

The company operates data centers in Southeast Asia that rent computing power to Chinese technology companies, including Alibaba.

And according to the Times, U.S. intelligence officials had obtained electronic surveillance of Alice Huang that led them to believe she was getting a little TOO familiar with America's semiconductor package working for Chinese intelligence.

During that surveillance, officials discovered her close relationship with an American citizen.

They requested that the American's identity be unmasked.

And wouldn't you know it…

JENSEN FREAKING HUANG.

Of all 340 million Americans, they somehow landed on the man whose company is basically the load-bearing wall of the U.S. stock market.

Now obviously, there's no evidence Jensen knowingly got into bed with Chinese intelligence. For all we know, the only thing getting screwed here is Nvidia's PR department.

Nvidia maintains that the meetings were ordinary business interactions, and there has been no public evidence that Huang provided Chinese intelligence with trade secrets.

But that hasn't stopped an absolute political SH*TSTORM from erupting in Washington.

According to the Times, Rubio's classified warning circulated ahead of Trump's May trip to China, where Jensen was initially LEFT OFF the guest list.

Whether the memo played a role is unclear, but Trump eventually invited him aboard Air Force One after noticing his absence in the media.

And apparently, Trump had already been briefed on the intelligence concerns roughly a year earlier but reportedly chose not to act.

Now BOTH parties want answers.

Three Republican House committee chairs have requested a closed-door briefing, while Democratic Sen. Chris Coons is promising an investigation.

For Nvidia shareholders, the timing couldn't be worse.

Chip stocks are already getting their cheeks clapped, and now Congress wants to know whether Jensen was sharing classified pillow talk with a woman who somehow ALSO has the last name Huang.

None of this establishes wrongdoing by Jensen, but having your CEO's name in classified counterintelligence warnings isn't exactly bullish.

With earnings November 17 and Congress requesting his presence November 18, Jensen's got one heck of a week ahead.

At the time of publishing this article, Stocks.News doesn’t hold positions in companies mentioned in the article.