Beijing dismissed as "groundless speculation" on Friday a report that said Jensen Huang, head of US chip giant Nvidia, was the target of a Chinese spy plot. The article by The Media published Thursday, said that US intelligence officials concluded that a Chinese executive linked to a Singapore-based data centre company had been funnelling information to Beijing.
"The report in question is based on groundless speculation and is nothing more than an attempt to smear
China," foreign ministry spokesman Guo Jiakun said at a regular briefing.
China is in a race for tech dominance with the United States, which restricts the export to China of the most cutting-edge silicon chips, designed by industry leader Nvidia and used to train and run AI models.
The data centre company, Megaspeed, was under scrutiny for possibly steering Nvidia AI chips to China, the report said, citing unnamed sources briefed on the matter.