Three theories say someone wanted that.

Transcript

1. America's Justice Department still hasn't said
2. the woman linked to Jensen Huang was a spy.
3. The man who co-founded Nvidia has resigned.
4. Three theories say someone wanted that.
5. Here is what the record can show, and what it can't.
6. On one side, the president.
7. Trump let Nvidia sell its H200 chips to approved customers in China,
8. with a quarter of the sales going to the US government.
9. According to the New York Times,
10. on Tuesday he called Huang and told him to fight for his job.
11. On the other side, lawmakers from both parties who want tighter restrictions.
12. The Republican chair of the House Foreign Affairs Committee says
13. he and Huang were "very at odds" on export controls.
14. He also says he doesn't want Nvidia hurt.
15. Theory one comes from Beijing.
16. China's foreign ministry says Washington is fabricating
17. spy stories as a pretext for technology restrictions.
18. According to CNN, the FBI first warned lawmakers about her roughly a year ago.
19. That shows the suspicion is older than this week's fight.
20. It doesn't show she was a spy, and it doesn't show the story was made up.
21. Neither is established.
22. Theory two: hawks in Washington leaked it,
23. to remove the loudest voice for selling chips to China.
24. The reports do rest on officials who aren't named.
25. And the hawks have gained: export bills are moving again.
26. But no source has been identified,
27. and gaining from a story doesn't prove you planted it.
28. Can't be verified.
29. Theory three lives online: that a rival, Anthropic,
30. was behind the leaks, with its stock market listing days away.
31. We found no evidence linking Anthropic to the leaks.
32. Their money is tied together:
33. Nvidia agreed to buy about $10 billion of Anthropic's shares alongside that listing.
34. According to Bloomberg,
35. OpenAI has told lawmakers it backs the bills to tighten chip exports,
36. and Nvidia guarantees up to $105 billion of lease payments in Ohio for OpenAI.
37. The Wall Street Journal, citing unnamed sources,
38. reports that the woman now running Nvidia had questioned its credit guarantees.
39. Since late October, Nvidia has lost nearly a quarter of its value.
40. These companies' interests overlap.
41. That shows neither a role in the leaks nor why Jensen resigned.
42. Congress has asked Huang to answer questions behind closed doors on 1 December.
43. The fallout has reached Trump's cabinet.
44. His Treasury Secretary, Scott Bessent,
45. blames the Commerce Department for not restricting the firm she worked for.
46. Before he resigned, Jensen told staff he had been unfaithful to his wife.
47. Nvidia has said it has no reason to believe
48. national security or its secrets were compromised.