英伟达在两个交易日内市值蒸发约4300亿美元，此前新的报道加深了外界对首席执行官黄仁勋与一名被指为北京间谍的中国女商人关系的质疑。
Nvidia shed about $430 billion in market value over two sessions as new reports deepened questions about CEO Jensen Huang’s relationship with a Chinese businesswoman alleged to be a spy for Beijing.
周二，争议在多个层面升级。有指控称，黄仁勋与Alice Huang的关系助力了至少75亿美元的英伟达芯片对华出货，且美国国务卿马尔科·卢比奥此前曾就此事向唐纳德·特朗普总统进行过简报。
The controversy escalated on several fronts on Tuesday as allegations emerged that Huang’s relationship with Alice Huang aided at least $7.5 billion in Nvidia chip shipments to China and that US Secretary of State Marco Rubio had previously briefed President Donald Trump on the affair.
参议院民主党领袖查克·舒默要求政府给出答复，并收紧对华芯片出口管制，而英伟达的独立董事已聘请外部律师展开调查。
Senate Democratic Leader Chuck Schumer demanded answers from the administration and tighter curbs on chip exports to China, while the company’s independent directors hired outside counsel to investigate.
这些指控将黄仁勋的个人行为转化为英伟达更广泛的风险，引发了对公司治理及其对这位领导公司逾三十年、将其打造为AI芯片主导供应商的CEO依赖程度的质疑。他持有公司约3.6%的股份——但不拥有多数投票权——并运营着一个异常扁平的组织架构，数十名高管直接向他汇报。
The allegations have turned Huang’s personal conduct into a broader risk for Nvidia, raising questions about the company’s governance and its dependence on the CEO who has led it for more than three decades and built it into the dominant supplier of AI chips. He owns about 3.6% of the company — but does not have majority voting control — and runs an unusually flat organization in which dozens of executives report directly to him.
联邦调查局（FBI）正单独调查现年63岁的黄仁勋是否成为外国情报行动的目标。黄仁勋曾告诉员工他对妻子不忠，但未透露关系细节。中国外交部称间谍指控“毫无根据”。据CNBC报道，黄仁勋周一在闭门会议上向高管道歉，随后转而谈论业务，周二已回到英伟达总部主持会议。
The FBI is separately examining whether 63-year-old Huang was targeted by a foreign intelligence operation. Huang has told employees he was unfaithful to his wife, but provided no details about the relationship. China’s foreign ministry has said the spy accusations are “groundless.”Huang apologized to top executives at a closed-door meeting on Monday before pivoting to business and was back holding meetings at Nvidia’s headquarters on Tuesday, CNBC reported.
英伟达表示，董事会没有理由相信美国国家安全或公司机密遭到泄露，且黄仁勋已承诺配合内部审查。董事会已聘请Wachtell Lipton合伙人、前纽约南区代理美国检察官Joon Kim领导调查，其业务领域包括内部调查和白领犯罪辩护。
Nvidia has said its board has no reason to believe US national security or company secrets were compromised and that Huang has committed to cooperating with the internal review. The board has retained Joon Kim, a Wachtell Lipton partner and former acting US Attorney for the Southern District of New York, whose practice includes internal investigations and white-collar defense, to lead the probe.
英伟达股价在该事件曝光前今年几乎持平，此后已下跌 9.5%。由于投资者担心巨额 AI 支出能否带来足够回报，该股表现落后于大盘。特朗普何时知情？
Nvidia’s stock, which had been nearly flat this year before news of the affair broke, has fallen 9.5% since then. The shares have lagged the broader market on investor unease over whether massive spending on AI will deliver adequate returns. WHEN DID TRUMP KNOW?
《纽约时报》周二报道，鲁比奥在 5 月随特朗普乘坐“空军一号”前往中国途中，曾向特朗普通报美国情报，指称黄仁勋与一名被认为是中国间谍的女性有牵连。时报援引知情人士称，这是七个月内特朗普至少第二次获悉该情报。
The New York Times reported on Tuesday that Rubio had briefed Trump aboard Air Force One en route to China in May about US intelligence indicating Huang was involved with a woman believed to be a Chinese spy. The briefing marked at least the second time in seven months that Trump had been told about the intelligence, the Times reported, citing people with knowledge of the matter.
特朗普周一表示，他曾与黄仁勋通话，询问他是否知道该女子是间谍。特朗普说，黄仁勋告诉他“绝对不知道”，并表示他相信英伟达首席执行官。
Trump said on Monday he had spoken with Huang and asked whether he knew the woman was a spy. Trump said Huang told him he had “absolutely no idea” and that he believed the Nvidia CEO.
特朗普还称，当黄仁勋 5 月随他访华时，他并不知情所谓的关联。
Trump also said he had not known about the alleged ties when Huang accompanied him to China in May.
一名白宫官员反驳了该报道，并引导路透社参考特朗普周一的言论。
A White House official disputed the report and referred Reuters to Trump’s comments on Monday.
舒默周二表示，国会必须全面清算特朗普为黄仁勋辩护一事，并呼吁议员迅速批准对向中国出口美国芯片的新限制。
Schumer said on Tuesday that Congress must have a full accounting of Trump’s defense of Huang and called on lawmakers to quickly approve new restrictions on US chip exports to China.
“他的职责是保护美国，而不是中国，也不是他的朋友，”舒默指责特朗普未能应对美国科技行业中的外国间谍活动。
“He’s supposed to protect America, not China, not his friends,” Schumer said, accusing Trump of failing to address foreign espionage in the American technology industry.
美国新闻媒体 Axios 援引消息人士周二报道，商务部长霍华德·卢特尼克收到一份高度机密备忘录，警告英伟达首席执行官与 Alice Huang 的关系。
US news publication Axios, citing sources, reported on Tuesday that Commerce Secretary Howard Lutnick was sent a highly classified memo warning about the Nvidia CEO’s relationship with Alice Huang.
路透社无法立即核实该报道。商务部和英伟达在非正常办公时间内未立即回应置评请求。Alice Huang 是谁？
Reuters could not immediately verify that report. The Commerce Department and Nvidia did not immediately respond to requests for comment outside regular business hours. WHO IS ALICE HUANG?
据 The Information 报道，Alice Huang（又名黄乐）连同其丈夫和姐妹，在中国和新加坡建立了一张公司网络以获取英伟达芯片。
Alice Huang, also known as Huang Le, along with her husband and sister, built a network of companies across China and Singapore to acquire Nvidia chips, The Information reported.
据报道，当受美国出口管制的英伟达芯片订单陷入停滞时，Alice Huang 利用与英伟达的关系获取货源，帮助将约 24 万颗 H100、H200 以及部分 A100 芯片运入中国。其中一些芯片最终供应给了阿里巴巴、腾讯以及规模较小的中国 AI 实验室。路透社无法确定 Alice Huang 的下落以寻求置评。
When orders for Nvidia chips subject to US export restrictions stalled, Alice Huang used ties to Nvidia to secure supplies, helping move about 240,000 H100, H200 and some A100 chips into China, according to the report. Some of the chips ultimately served Alibaba, Tencent and smaller Chinese AI labs. Reuters could not determine Alice Huang’s whereabouts to seek comment.
在成为新加坡云计算公司 Megaspeed International（迈速国际）的控股股东之前，她曾在一家上海投资公司担任高级职务。Megaspeed International 与中国公司世纪利通有关联，后者于 2023 年获得英伟达“首选云合作伙伴”资格，从而享有优先获取该公司芯片的权利。
She held senior roles at a Shanghai investment firm before becoming the controlling shareholder of Singapore-based cloud-computing company Megaspeed International, which was linked to Century Litong, a China-based company that secured preferred cloud partner status with Nvidia in 2023, giving it priority access to the company’s chips.
另外，《金融时报》周二报道称，美国多个政府机构推动将 Megaspeed 列入实体清单——这是一个贸易黑名单，收录了美国官员称构成国家安全风险的与中国有关联的团体——但美国商务部推迟了将该公司列入黑名单的工作。
Separately, the Financial Times reported on Tuesday that several US government agencies pushed for Megaspeed to be included on the entity list, a trade blacklist of groups connected to China that US officials say pose national security risks, but the US Commerce Department was delaying efforts to blacklist the company.
据《金融时报》报道，商务部曾寻求获得关于部分拟列入名单公司的更多信息。目前不清楚 Megaspeed 是否在其中，但据报道，这一延迟使其未被列入名单。
The Commerce Department had sought more information about some companies under consideration, the FT reported. It was unclear whether Megaspeed was among those companies, but the delay has left it off the list, according to the report.
美国商务部和英伟达未回复路透社的置评请求。阿里巴巴、腾讯、Megaspeed 和世纪利通在非正常工作时间暂未回应置评请求。路透社无法独立核实上述报道。
The US Department of Commerce and Nvidia did not respond to Reuters requests for comment. Alibaba, Tencent, Megaspeed and Century Litong were not immediately available for comment outside regular business hours. Reuters could not independently verify the reports.